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EnergyMedium impactAfter close

MRPL bars Red Sea and Hormuz routes in crude tender

after close1 source ↓written by the desknot a recommendation

loading scheduled between
25 Aug and 6 Sep

Mangalore Refinery and Petrochemicals Ltd has become the first Indian refiner to prohibit crude suppliers from using the Red Sea and Strait of Hormuz routes in its latest import tender. The tender seeks up to 1 million barrels of crude oil, with loading scheduled between 25 Aug and 6 Sep. This move reflects growing geopolitical concerns impacting India's oil supply chain.

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 29 Jul 2026, 16:10 IST.

Sourcesnews.google.com

The market after the news

MRPL closed +2.1% on the day of the news, from ₹163.41 to ₹166.84; Nifty +0.3% over the same session.

Bulletin at 16:10 IST on 29 Jul 2026. Every change is measured from ₹163.41, the last close before it, on 29 Jul. Nifty 50 is measured over the same sessions.

  • MRPL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
MRPL closes around the bulletin against the close before the news, with Nifty 50 rebased to it132.89163.41193.93axis spans 46%before the news · 29 Jul163.41Nifty 50MRPLbulletinD0+1+3+523 Jul4 Aug13 AugReference close ₹163.41. 16 sessions from 23 Jul to 13 Aug; the price axis spans 46 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 %
Before29 Jul₹163.41basebase
On the day30 Jul₹166.84▲ +2.1%▲ +0.3%+1.8 pp difference
+1 session31 Jul₹169.94▲ +4.0%▲ +0.6%+3.5 pp difference
+3 sessions4 Aug₹169.64▲ +3.8%▲ +1.5%+2.3 pp difference
+5 sessions6 Aug₹167.78▲ +2.7%▲ +1.6%+1.1 pp difference
Gap at the open, % · ₹
▼ −0.3%−0.41 on 30 Jul
Day's range, % · ₹
8.1%≈ 13 high to low
Volume on the day
1.18×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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