OICHARTS
8 AMThe 8 AM report →
ManufacturingMedium impactPre-market

India relaxes BHEL tender rules for foreign bidders

pre-market1 source ↓written by the desknot a recommendation

with new orders
₹2.23 lakh crore
expected by FY26
₹45,900 crore

India's government has relaxed financial rules for Bharat Heavy Electricals Limited (BHEL), allowing foreign companies to bid on tenders. This change grants a five-year exemption from prior registration requirements, aiming to secure essential supplies like CRGO electrical steel and specialized capacitor paper. BHEL's order book stands at ₹2.23 lakh crore with new orders of ₹45,900 crore expected by FY26.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Mar 2026, 07:14 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BHEL closed −3.7% on the day of the news, from ₹254.85 to ₹245.50; Nifty −2.1% over the same session; futures OI −0.1%.

Bulletin at 07:14 IST on 28 Mar 2026. Every change is measured from ₹254.85, the last close before it, on 27 Mar. Nifty 50 is measured over the same sessions.

  • BHEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BHEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it223.04266.15309.26axis spans 39%before the news · 27 Mar254.85Nifty 50BHELbulletinD0+1+3+520 Mar6 Apr16 AprFutures open interest, lotspeak 46,000Reference close ₹254.85. 16 sessions from 20 Mar to 16 Apr; the price axis spans 39 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Mar₹254.85basebase
On the day30 Mar₹245.50▼ −3.7%▼ −2.1%−1.5 pp difference
+1 session1 Apr₹251.84▼ −1.2%▼ −0.6%−0.6 pp difference
+3 sessions6 Apr₹245.64▼ −3.6%▲ +0.7%−4.3 pp difference
+5 sessions8 Apr₹265.70▲ +4.3%▲ +5.2%−0.9 pp difference
Gap at the open, % · ₹
▼ −1.8%−4.51 on 30 Mar
Day's range, % · ₹
4.3%≈ 11 high to low
Volume on the day
1.31×the 20-session average
Futures OI on the day
▼ −0.1%−65 lots · long unwinding · price −3.7%
Futures OI open, lots
44,00030 Mar · 30 Mar expiry
Futures premium, ₹
−0.20−0.1% to spot
Puts per call, by OI
0.77from 0.91 the session before
Max pain
260from 260 the session before

Source NSE UDiFF bhavcopy · BHEL on the desk →

Thread · BHELAll BHEL bulletins →

Related