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Jefferies identifies top defence and power stocks amid capex boom

after close1 source ↓written by the desknot a recommendation

Jefferies has highlighted defence and power equipment as key investment themes amid India's rising capital expenditure cycle. The brokerage raised target prices for KEI Industries, Thermax, Data Patterns, and CG Power, citing strong order books and improving project execution. Companies like HAL and BEL are also among Jefferies' top picks, benefiting from government infrastructure spending and rising electricity demand.

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 14 Jul 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KEI closed −0.6% on the day of the news, from ₹5,120.50 to ₹5,092.50; Nifty +0.1% over the same session; futures OI +7.3%.

Bulletin at 16:05 IST on 14 Jul 2026. Every change is measured from ₹5,120.50, the last close before it, on 14 Jul. Nifty 50 is measured over the same sessions.

  • KEI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
KEI closes around the bulletin against the close before the news, with Nifty 50 rebased to it460051215641axis spans 23%before the news · 14 Jul5121Nifty 50KEIbulletinD0+1+3+58 Jul20 Jul29 JulFutures open interest, lotspeak 17,000Reference close ₹5,120.50. 16 sessions from 8 Jul to 29 Jul; the price axis spans 23 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 %
Before14 Jul₹5,120.50basebase
On the day15 Jul₹5,092.50▼ −0.6%▲ +0.1%−0.7 pp difference
+1 session16 Jul₹5,075.50▼ −0.9%▲ +0.1%−1.0 pp difference
+3 sessions20 Jul₹4,928.50▼ −3.8%▲ +0.8%−4.5 pp difference
+5 sessions22 Jul₹4,971.00▼ −2.9%▼ −0.2%−2.7 pp difference
Gap at the open, % · ₹
0.0%−0.51 on 15 Jul
Day's range, % · ₹
3.0%≈ 150 high to low
Volume on the day
0.89×the 20-session average
Futures OI on the day
▲ +7.3%+940 lots · short build-up · price −0.6%
Futures OI open, lots
14,00015 Jul · 28 Jul expiry
Futures premium, ₹
−26.50−0.5% to spot
Puts per call, by OI
0.50from 0.46 the session before
Max pain
5,100from 5,100 the session before

Source NSE UDiFF bhavcopy · KEI on the desk →

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