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CementHigh impactPre-market

JSW Cement to merge with subsidiary Shiva Cement

pre-market1 source ↓machine-written, see hownot a recommendation

JSW Cement and its listed subsidiary, Shiva Cement, have approved a merger plan to consolidate operations. This move aims to unlock operational synergies and enhance financial flexibility. Key benefits include improved supply chain efficiency and reduced procurement costs, potentially boosting shareholder value.

The merger is expected to create a unified cement platform, enhancing scalability and operational efficiency.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This 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 4 Oct 2026, 07:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed +0.2% on the day of the news, from ₹1,233.00 to ₹1,235.30; Nifty +0.6% over the same session; futures OI +0.2%.

Bulletin at 07:02 IST on 4 Oct 2026. Every change is measured from ₹1,233.00, the last close before it, on 1 Oct. Nifty 50 is measured over the same sessions.

  • JSWSTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
JSWSTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it111312331353axis spans 22%before the news · 1 Oct1233Nifty 50JSWSTEELbulletinD0+1+3+525 Sept6 Oct14 OctFutures open interest, lotspeak 66,000Reference close ₹1,233.00. 13 sessions from 25 Sept to 14 Oct; the price axis spans 22 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 Oct₹1,233.00basebase
On the day5 Oct₹1,235.30▲ +0.2%▲ +0.6%−0.4 pp difference
+1 session6 Oct₹1,259.60▲ +2.2%▲ +1.6%+0.6 pp difference
+3 sessions8 Oct₹1,175.20▼ −4.7%▼ −0.8%−3.8 pp difference
+5 sessions12 Oct₹1,173.00▼ −4.9%▼ −0.3%−4.6 pp difference
Gap at the open, % · ₹
0.0%0.00 on 5 Oct
Day's range, % · ₹
1.9%≈ 24 high to low
Volume on the day
0.72×the 20-session average
Futures OI on the day
▲ +0.2%+97 lots · long build-up · price +0.2%
Futures OI open, lots
60,0005 Oct · 27 Oct expiry
Futures premium, ₹
+1.60+0.1% to spot
Puts per call, by OI
0.81from 0.73 the session before
Max pain
1,270from 1,280 the session before

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