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DefenceHigh impactAfter close

MoD signs ₹14.76 billion contract with BEL for mobile systems

after close1 source ↓written by the desknot a recommendation

contract with Bharat
₹14.76 billion

The Ministry of Defence has signed a ₹14.76 billion contract with Bharat Electronics Limited (BEL) for mobile systems. This contract is expected to enhance the capabilities of the armed forces and bolster domestic manufacturing. The deal may positively impact BEL's order book and investor sentiment in the defense 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 9 May 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BEL closed −1.8% on the day of the news, from ₹439.70 to ₹431.95; Nifty −1.5% over the same session; futures OI −0.5%.

Bulletin at 16:06 IST on 9 May 2026. Every change is measured from ₹439.70, the last close before it, on 8 May. Nifty 50 is measured over the same sessions.

  • BEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it403.82439.70475.58axis spans 18%before the news · 8 May439.70Nifty 50BELbulletinD0+1+3+54 May14 May25 MayFutures open interest, lotspeak 85,000Reference close ₹439.70. 16 sessions from 4 May to 25 May; the price axis spans 18 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 May₹439.70basebase
On the day11 May₹431.95▼ −1.8%▼ −1.5%−0.3 pp difference
+1 session12 May₹416.50▼ −5.3%▼ −3.3%−2.0 pp difference
+3 sessions14 May₹428.85▼ −2.5%▼ −2.0%−0.5 pp difference
+5 sessions18 May₹426.60▼ −3.0%▼ −2.2%−0.8 pp difference
Gap at the open, % · ₹
▼ −0.4%−1.71 on 11 May
Day's range, % · ₹
1.9%≈ 8.1 high to low
Volume on the day
0.59×the 20-session average
Futures OI on the day
▼ −0.5%−450 lots · long unwinding · price −1.8%
Futures OI open, lots
83,00011 May · 26 May expiry
Futures premium, ₹
+1.10+0.3% to spot
Puts per call, by OI
0.54from 0.55 the session before
Max pain
440from 440 the session before

Source NSE UDiFF bhavcopy · BEL on the desk →

Thread · BELAll BEL bulletins →

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