OICHARTS
8 AMThe 8 AM report →
ManufacturingMedium impactAfter close

India relaxes BHEL tender rules for foreign bidders

after close1 source ↓written by the desknot a recommendation

order book
₹2.23 lakh crore

India's government has relaxed financial rules for Bharat Heavy Electricals Limited (BHEL), allowing foreign bidders to participate in tenders. This policy grants a five-year exemption from prior registration, aiming to secure essential supplies for BHEL's ₹2.23 lakh crore order book. The move is expected to enhance access to critical components like CRGO electrical steel and specialized capacitor paper.

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, 16:11 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 16:11 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