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MetalsMedium impactPre-market

JSW Steel block deal valued at ₹3,150 cr

pre-market1 source ↓written by the desknot a recommendation

involving
2.5 crore shares
of its equity
1%
each
₹1,260
value reached approximately
₹3,150 cr

Shares of JSW Steel saw a block deal involving 2.5 crore shares, equating to 1% of its equity, traded at an average price of ₹1,260 each. The total transaction value reached approximately ₹3,150 cr. This divestment by JSW Energy aims to enhance capital allocation and improve Return on Capital Employed (RoCE) for long-term growth.

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 23 May 2026, 07:01 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed +0.3% on the day of the news, from ₹1,285.50 to ₹1,289.40; Nifty +1.3% over the same session; futures OI −1.2%.

Bulletin at 07:01 IST on 23 May 2026. Every change is measured from ₹1,285.50, the last close before it, on 22 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 it117412861397axis spans 19%before the news · 22 May1286Nifty 50JSWSTEELbulletinD0+1+3+518 May29 May9 JunFutures open interest, lotspeak 74,000Reference close ₹1,285.50. 16 sessions from 18 May to 9 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 %
Before22 May₹1,285.50basebase
On the day25 May₹1,289.40▲ +0.3%▲ +1.3%−1.0 pp difference
+1 session26 May₹1,293.60▲ +0.6%▲ +0.8%−0.2 pp difference
+3 sessions29 May₹1,278.00▼ −0.6%▼ −0.7%+0.1 pp difference
+5 sessions2 Jun₹1,310.80▲ +2.0%▼ −1.0%+3.0 pp difference
Gap at the open, % · ₹
▲ +0.4%+5.14 on 25 May
Day's range, % · ₹
1.0%≈ 13 high to low
Volume on the day
0.47×the 20-session average
Futures OI on the day
▼ −1.2%−880 lots · short covering · price +0.3%
Futures OI open, lots
72,00025 May · 26 May expiry
Futures premium, ₹
0.000.0% to spot
Puts per call, by OI
0.60from 0.57 the session before
Max pain
1,280from 1,280 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

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