OICHARTS
8 AMThe 8 AM report →
EnergyMetalsHigh impactPre-market

NLC India and NALCO form JV for 1,080 MW power plant

pre-market1 source ↓written by the desknot a recommendation

to develop
50:50 Joint Venture Agreement

NLC India Limited and National Aluminium Company Limited have signed a 50:50 Joint Venture Agreement to develop a 1,080 MW coal-based captive thermal power plant in Angul, Odisha. This project aims to enhance energy security and support NALCO’s expansion plans.

• The plant will consist of four units of 270 MW each.

• Union Minister G. Kishan Reddy witnessed the signing, highlighting the project’s significance for India’s industrial growth.

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 Jul 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

NLCINDIA closed +3.1% on the day of the news, from ₹294.25 to ₹303.25; Nifty +0.3% over the same session.

Bulletin at 07:03 IST on 9 Jul 2026. Every change is measured from ₹294.25, the last close before it, on 8 Jul. Nifty 50 is measured over the same sessions.

  • NLCINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
NLCINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it261.29294.25327.21axis spans 25%before the news · 8 Jul294.25Nifty 50NLCINDIAbulletinD0+1+3+52 Jul14 Jul23 JulReference close ₹294.25. 16 sessions from 2 Jul to 23 Jul; the price axis spans 25 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 Jul₹294.25basebase
On the day9 Jul₹303.25▲ +3.1%▲ +0.3%+2.7 pp difference
+1 session10 Jul₹314.90▲ +7.0%▲ +1.4%+5.7 pp difference
+3 sessions14 Jul₹303.60▲ +3.2%▲ +0.7%+2.5 pp difference
+5 sessions16 Jul₹300.70▲ +2.2%▲ +0.8%+1.4 pp difference
Gap at the open, % · ₹
▲ +1.3%+3.94 on 9 Jul
Day's range, % · ₹
3.2%≈ 9.5 high to low
Volume on the day
0.56×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · NLCINDIA on the desk →

Thread · NLCINDIAAll NLCINDIA bulletins →

Related