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MetalsMedium impactAfter close

JSW Steel receives rating upgrade to BB+ from Fitch

after close1 source ↓written by the desknot a recommendation

Fitch upgraded JSW Steel’s long-term foreign currency rating from BB to BB+, indicating reduced borrowing risk. The agency noted improved financial health and reduced debt pressure, which may facilitate better borrowing terms in stable market conditions. This upgrade is significant as it could lower future funding costs for the company.

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 7 Jul 2026, 16:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −2.2% on the day of the news, from ₹1,246.40 to ₹1,219.50; Nifty −2.1% over the same session; futures OI −1.2%.

Bulletin at 16:02 IST on 7 Jul 2026. Every change is measured from ₹1,246.40, the last close before it, on 7 Jul. 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 it113812461355axis spans 19%before the news · 7 Jul1246Nifty 50JSWSTEELbulletinD0+1+3+51 Jul13 Jul22 JulFutures open interest, lotspeak 67,000Reference close ₹1,246.40. 16 sessions from 1 Jul to 22 Jul; 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 %
Before7 Jul₹1,246.40basebase
On the day8 Jul₹1,219.50▼ −2.2%▼ −2.1%0.0 pp difference
+1 session9 Jul₹1,225.80▼ −1.6%▼ −1.8%+0.1 pp difference
+3 sessions13 Jul₹1,237.40▼ −0.7%▼ −0.8%+0.1 pp difference
+5 sessions15 Jul₹1,226.90▼ −1.6%▼ −1.3%−0.3 pp difference
Gap at the open, % · ₹
▼ −1.2%−15.46 on 8 Jul
Day's range, % · ₹
2.7%≈ 34 high to low
Volume on the day
0.68×the 20-session average
Futures OI on the day
▼ −1.2%−800 lots · long unwinding · price −2.2%
Futures OI open, lots
65,0008 Jul · 28 Jul expiry
Futures premium, ₹
+3.40+0.3% to spot
Puts per call, by OI
0.91from 0.90 the session before
Max pain
1,240from 1,240 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

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