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EnergyMedium impactPre-market

MRPL restricts crude imports via Red Sea and Hormuz routes

pre-market1 source ↓written by the desknot a recommendation

of crude oil
1 million barrels
for delivery between
25 Aug and 6 Sep

Mangalore Refinery and Petrochemicals Ltd has become the first Indian refiner to bar crude suppliers from using the Red Sea and Strait of Hormuz in its import tender. The tender seeks up to 1 million barrels of crude oil for delivery between 25 Aug and 6 Sep. This move reflects growing geopolitical concerns affecting 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, 07:09 IST.

Sourcesnews.google.com

The market after the news

MRPL closed +2.1% on the day of the news, from ₹160.03 to ₹163.41; Nifty +1.1% over the same session.

Bulletin at 07:09 IST on 29 Jul 2026. Every change is measured from ₹160.03, the last close before it, on 28 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 it130.14160.03189.92axis spans 46%before the news · 28 Jul160.03Nifty 50MRPLbulletinD0+1+3+522 Jul3 Aug12 AugReference close ₹160.03. 16 sessions from 22 Jul to 12 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 %
Before28 Jul₹160.03basebase
On the day29 Jul₹163.41▲ +2.1%▲ +1.1%+1.0 pp difference
+1 session30 Jul₹166.84▲ +4.3%▲ +1.4%+2.9 pp difference
+3 sessions3 Aug₹174.06▲ +8.8%▲ +3.3%+5.5 pp difference
+5 sessions5 Aug₹170.97▲ +6.8%▲ +2.7%+4.2 pp difference
Gap at the open, % · ₹
▲ +1.0%+1.60 on 29 Jul
Day's range, % · ₹
3.5%≈ 5.6 high to low
Volume on the day
0.24×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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