OICHARTS
8 AMThe 8 AM report →
MetalsMedium impactPre-market

Jindal Steel receives CARE AA+ credit rating upgrade

pre-market1 source ↓written by the desknot a recommendation

Jindal Steel Limited announced a credit rating upgrade to CARE AA+ Stable from CARE AA Stable by CARE Ratings. This upgrade reflects the company's strong financial profile and disciplined capital management. Additionally, the rating for its proposed Non-Convertible Debenture issue was also upgraded, enhancing its overall credit standing.

This upgrade may positively influence investor sentiment and lower borrowing costs, reinforcing Jindal Steel's position in the market. 💼

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 2 Jul 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALSTEL closed +1.5% on the day of the news, from ₹1,028.80 to ₹1,043.80; Nifty +0.7% over the same session; futures OI +0.4%.

Bulletin at 07:03 IST on 2 Jul 2026. Every change is measured from ₹1,028.80, the last close before it, on 1 Jul. Nifty 50 is measured over the same sessions.

  • JINDALSTEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
JINDALSTEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it904.1110291153axis spans 28%before the news · 1 Jul1029Nifty 50JINDALSTELbulletinD0+1+3+524 Jun7 Jul16 JulFutures open interest, lotspeak 24,000Reference close ₹1,028.80. 16 sessions from 24 Jun to 16 Jul; the price axis spans 28 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 %
Before1 Jul₹1,028.80basebase
On the day2 Jul₹1,043.80▲ +1.5%▲ +0.7%+0.8 pp difference
+1 session3 Jul₹1,054.00▲ +2.5%▲ +1.1%+1.4 pp difference
+3 sessions7 Jul₹1,035.40▲ +0.6%▲ +1.6%−1.0 pp difference
+5 sessions9 Jul₹1,029.80▲ +0.1%▼ −0.2%+0.3 pp difference
Gap at the open, % · ₹
▲ +0.5%+5.25 on 2 Jul
Day's range, % · ₹
1.6%≈ 17 high to low
Volume on the day
0.56×the 20-session average
Futures OI on the day
▲ +0.4%+99 lots · long build-up · price +1.5%
Futures OI open, lots
23,0002 Jul · 28 Jul expiry
Futures premium, ₹
+5.80+0.6% to spot
Puts per call, by OI
0.85from 0.87 the session before
Max pain
1,080from 1,090 the session before

Source NSE UDiFF bhavcopy · JINDALSTEL on the desk →

Thread · JINDALSTELAll JINDALSTEL bulletins →

Related