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Jindal Steel launches world's first coal gasification DRI plant

after close1 source ↓written by the desknot a recommendation

Jindal Steel has inaugurated India’s first syngas-based DRI plant, enhancing coal gasification technology. This initiative aims to reduce reliance on imported fuels and supports energy self-reliance and low-carbon steel production, aligning with national policy goals. The move may positively impact operational costs and sustainability in the steel sector.

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 6 Apr 2026, 17:38 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALSTEL closed +3.0% on the day of the news, from ₹1,134.00 to ₹1,168.20; Nifty +0.7% over the same session; futures OI +6.8%.

Bulletin at 17:38 IST on 6 Apr 2026. Every change is measured from ₹1,134.00, the last close before it, on 6 Apr. 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 it996.5611431289axis spans 29%before the news · 6 Apr1134Nifty 50JINDALSTELbulletinD0+1+3+527 Mar10 Apr22 AprFutures open interest, lotspeak 22,000Reference close ₹1,134.00. 16 sessions from 27 Mar to 22 Apr; the price axis spans 29 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 %
Before6 Apr₹1,134.00basebase
On the day7 Apr₹1,168.20▲ +3.0%▲ +0.7%+2.3 pp difference
+1 session8 Apr₹1,213.10▲ +7.0%▲ +4.5%+2.5 pp difference
+3 sessions10 Apr₹1,219.20▲ +7.5%▲ +4.7%+2.8 pp difference
+5 sessions15 Apr₹1,221.30▲ +7.7%▲ +5.5%+2.2 pp difference
Gap at the open, % · ₹
▼ −0.9%−9.87 on 7 Apr
Day's range, % · ₹
4.4%≈ 50 high to low
Volume on the day
1.11×the 20-session average
Futures OI on the day
▲ +6.8%+1,200 lots · long build-up · price +3.0%
Futures OI open, lots
18,0007 Apr · 28 Apr expiry
Futures premium, ₹
−3.20−0.3% to spot
Puts per call, by OI
1.07from 0.96 the session before
Max pain
1,150from 1,150 the session before

Source NSE UDiFF bhavcopy · JINDALSTEL on the desk →

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