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DefencePowerMedium impactPre-market

Jefferies identifies top defence and power stocks for investment

pre-market1 source ↓written by the desknot a recommendation

Jefferies has highlighted 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 improving project execution. It remains cautious on BHEL. These sectors are poised to benefit from increased government 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 25 Jun 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KEI closed −2.8% on the day of the news, from ₹5,419.00 to ₹5,268.00; Nifty +0.1% over the same session; futures OI +15.4%.

Bulletin at 07:06 IST on 25 Jun 2026. Every change is measured from ₹5,419.00, the last close before it, on 24 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 it486854195970axis spans 23%before the news · 24 Jun5419Nifty 50KEIbulletinD0+1+3+518 Jun1 Jul10 JulFutures open interest, lotspeak 13,000Reference close ₹5,419.00. 16 sessions from 18 Jun to 10 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 %
Before24 Jun₹5,419.00basebase
On the day25 Jun₹5,268.00▼ −2.8%▲ +0.1%−2.9 pp difference
+1 session29 Jun₹5,452.00▲ +0.6%▼ −0.3%+0.9 pp difference
+3 sessions1 Jul₹5,247.50▼ −3.2%▼ −0.1%−3.1 pp difference
+5 sessions3 Jul₹5,270.50▼ −2.7%▲ +1.0%−3.8 pp difference
Gap at the open, % · ₹
▲ +0.4%+21.13 on 25 Jun
Day's range, % · ₹
4.4%≈ 240 high to low
Volume on the day
2.26×the 20-session average
Futures OI on the day
▲ +15.4%+1,300 lots · short build-up · price −2.8%
Futures OI open, lots
9,80025 Jun · 30 Jun expiry
Futures premium, ₹
−30.00−0.6% to spot
Puts per call, by OI
0.52from 0.85 the session before
Max pain
5,400from 5,450 the session before

Source NSE UDiFF bhavcopy · KEI on the desk →

Thread · KEIAll KEI bulletins →

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