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TelecomMedium impactPre-market

Jio, Airtel, Vi propose buyout for Mumbai Metro IBS tender

pre-market1 source ↓written by the desknot a recommendation

In a rare collaboration, Reliance Jio, Bharti Airtel, and Vodafone Idea have approached the Mumbai Metro Rail Corporation regarding its new tender for in-building solutions (IBS) on Aqua Line 3. They propose a buyout to enhance mobile connectivity after MMRCL terminated its previous contract with ACES. The telcos emphasize the need for seamless connectivity for commuters. 📶

This joint effort may expedite infrastructure deployment and improve service delivery in the metro network, potentially impacting market dynamics in the telecom 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 25 Mar 2026, 07:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed +0.1% on the day of the news, from ₹1,411.80 to ₹1,413.10; Nifty +1.7% over the same session; futures OI +3.0%.

Bulletin at 07:13 IST on 25 Mar 2026. Every change is measured from ₹1,411.80, the last close before it, on 24 Mar. Nifty 50 is measured over the same sessions.

  • RELIANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RELIANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it130514071510axis spans 16%before the news · 24 Mar1412Nifty 50RELIANCEbulletinD0+1+3+518 Mar1 Apr13 AprFutures open interest, lotspeak 2.0 LReference close ₹1,411.80. 16 sessions from 18 Mar to 13 Apr; the price axis spans 16 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 Mar₹1,411.80basebase
On the day25 Mar₹1,413.10▲ +0.1%▲ +1.7%−1.6 pp difference
+1 session27 Mar₹1,348.10▼ −4.5%▼ −0.4%−4.1 pp difference
+3 sessions1 Apr₹1,369.20▼ −3.0%▼ −1.0%−2.0 pp difference
+5 sessions6 Apr₹1,304.70▼ −7.6%▲ +0.2%−7.8 pp difference
Gap at the open, % · ₹
▲ +0.6%+8.19 on 25 Mar
Day's range, % · ₹
1.6%≈ 22 high to low
Volume on the day
0.99×the 20-session average
Futures OI on the day
▲ +3.0%+5,800 lots · long build-up · price +0.1%
Futures OI open, lots
2.0 L25 Mar · 30 Mar expiry
Futures premium, ₹
−0.90−0.1% to spot
Puts per call, by OI
0.51from 0.48 the session before
Max pain
1,400from 1,400 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

Thread · RELIANCEAll RELIANCE bulletins →

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