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AutomobilesEnergyHigh impactAfter close

JSW Motors secures ₹8,000 crore SBI funding for NEV venture

after close1 source ↓written by the desknot a recommendation

in long-term financing
₹8,000 crore
annual capacity
3.5 lakh vehicles

JSW Motors Limited has secured ₹8,000 crore in long-term financing from State Bank of India to support its new energy vehicle (NEV) initiative. This funding will help establish a greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, with an annual capacity of 3.5 lakh vehicles. This move positions JSW to compete in India's evolving EV 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 21 May 2026, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed +0.3% on the day of the news, from ₹1,281.30 to ₹1,285.50; Nifty +0.3% over the same session; futures OI −0.7%.

Bulletin at 16:08 IST on 21 May 2026. Every change is measured from ₹1,281.30, the last close before it, on 21 May. 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 it117012811393axis spans 19%before the news · 21 May1281Nifty 50JSWSTEELbulletinD0+1+3+515 May27 May8 JunFutures open interest, lotspeak 74,000Reference close ₹1,281.30. 16 sessions from 15 May to 8 Jun; the price axis spans 19 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 %
Before21 May₹1,281.30basebase
On the day22 May₹1,285.50▲ +0.3%▲ +0.3%+0.1 pp difference
+1 session25 May₹1,289.40▲ +0.6%▲ +1.6%−1.0 pp difference
+3 sessions27 May₹1,309.30▲ +2.2%▲ +1.1%+1.1 pp difference
+5 sessions1 Jun₹1,299.40▲ +1.4%▼ −1.1%+2.6 pp difference
Gap at the open, % · ₹
▲ +0.2%+2.95 on 22 May
Day's range, % · ₹
0.92%≈ 12 high to low
Volume on the day
0.29×the 20-session average
Futures OI on the day
▼ −0.7%−550 lots · short covering · price +0.3%
Futures OI open, lots
73,00022 May · 26 May expiry
Futures premium, ₹
+3.70+0.3% to spot
Puts per call, by OI
0.57from 0.55 the session before
Max pain
1,280from 1,280 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

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