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MetalsMedium impactAfter close

JSW Steel forms joint venture with JFE Steel

after close1 source ↓written by the desknot a recommendation

with Japan’s JFE
50:50 joint venture

JSW Steel Ltd has entered a 50:50 joint venture with Japan’s JFE Steel Corp for Bhushan Power & Steel Ltd. This partnership aims to help JSW deleveraging and fund its ongoing capital expenditure. Meanwhile, JFE strengthens its presence in the growing Indian market amidst global challenges. 📈

This deal may enhance operational efficiency and boost investor sentiment 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 8 Dec 2025, 16:05 IST.

Sourcesnews.google.com

The market after the news

JSWSTEEL closed −1.0% on the day of the news, from ₹1,119.10 to ₹1,107.80; Nifty −0.5% over the same session; futures OI −0.7%.

Bulletin at 16:05 IST on 8 Dec 2025. Every change is measured from ₹1,119.10, the last close before it, on 8 Dec. 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 it102211191216axis spans 19%before the news · 8 Dec1119Nifty 50JSWSTEELbulletinD0+1+3+52 Dec12 Dec23 DecFutures open interest, lotspeak 75,000Reference close ₹1,119.10. 16 sessions from 2 Dec to 23 Dec; 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 %
Before8 Dec₹1,119.10basebase
On the day9 Dec₹1,107.80▼ −1.0%▼ −0.5%−0.5 pp difference
+1 session10 Dec₹1,096.80▼ −2.0%▼ −0.8%−1.2 pp difference
+3 sessions12 Dec₹1,125.50▲ +0.6%▲ +0.3%+0.2 pp difference
+5 sessions16 Dec₹1,082.60▼ −3.3%▼ −0.4%−2.9 pp difference
Gap at the open, % · ₹
▼ −0.1%−1.12 on 9 Dec
Day's range, % · ₹
1.9%≈ 21 high to low
Volume on the day
1.02×the 20-session average
Futures OI on the day
▼ −0.7%−510 lots · long unwinding · price −1.0%
Futures OI open, lots
72,0009 Dec · 30 Dec expiry
Futures premium, ₹
+2.20+0.2% to spot
Puts per call, by OI
0.52from 0.52 the session before
Max pain
1,140from 1,150 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

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