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DefencePowerHigh impactPre-market

Jefferies identifies top defence and power stocks amid capex boom

pre-market1 source ↓written by the desknot a recommendation

Jefferies highlights defence and power equipment sectors as top 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 improved project execution. It remains cautious on BHEL despite the overall positive outlook for infrastructure spending.

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 1 Jul 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KEI closed −3.3% on the day of the news, from ₹5,427.50 to ₹5,247.50; Nifty +0.6% over the same session; futures OI +5.4%.

Bulletin at 07:06 IST on 1 Jul 2026. Every change is measured from ₹5,427.50, the last close before it, on 30 Jun. 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 it487654285979axis spans 23%before the news · 30 Jun5428Nifty 50KEIbulletinD0+1+3+523 Jun6 Jul15 JulFutures open interest, lotspeak 14,000Reference close ₹5,427.50. 16 sessions from 23 Jun to 15 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 %
Before30 Jun₹5,427.50basebase
On the day1 Jul₹5,247.50▼ −3.3%▲ +0.6%−3.9 pp difference
+1 session2 Jul₹5,276.50▼ −2.8%▲ +1.3%−4.1 pp difference
+3 sessions6 Jul₹5,251.00▼ −3.3%▲ +2.4%−5.6 pp difference
+5 sessions8 Jul₹5,030.50▼ −7.3%▲ +0.1%−7.4 pp difference
Gap at the open, % · ₹
▲ +0.5%+26.59 on 1 Jul
Day's range, % · ₹
5.4%≈ 290 high to low
Volume on the day
0.99×the 20-session average
Futures OI on the day
▲ +5.4%+600 lots · short build-up · price −3.3%
Futures OI open, lots
12,0001 Jul · 28 Jul expiry
Futures premium, ₹
−28.00−0.5% to spot
Puts per call, by OI
0.61from 1.01 the session before
Max pain
5,300from 5,500 the session before

Source NSE UDiFF bhavcopy · KEI on the desk →

Thread · KEIAll KEI bulletins →

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