OICHARTS
8 AMThe 8 AM report →
MetalsManufacturingMedium impactAfter close

NMDC raises iron ore prices by ₹200 per tonne

after close1 source ↓written by the desknot a recommendation

ore prices
₹200 per tonne
and Baila fines
₹5,500
Baila fines
₹4,700

State-owned NMDC Limited has increased iron ore prices by ₹200 per tonne, with Baila lump ore now priced at ₹5,500 and Baila fines at ₹4,700. This adjustment reflects steady demand from the domestic steel industry amid ongoing infrastructure development. The price hike is effective immediately, aligning with market trends.

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 May 2026, 16:15 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

NMDC closed −1.5% on the day of the news, from ₹90.14 to ₹88.80; Nifty −0.6% over the same session; futures OI +0.3%.

Bulletin at 16:15 IST on 7 May 2026. Every change is measured from ₹90.14, the last close before it, on 7 May. Nifty 50 is measured over the same sessions.

  • NMDC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
NMDC closes around the bulletin against the close before the news, with Nifty 50 rebased to it80.6290.1499.66axis spans 24%before the news · 7 May90.14Nifty 50NMDCbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 53,000Reference close ₹90.14. 16 sessions from 30 Apr to 22 May; the price axis spans 24 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 May₹90.14basebase
On the day8 May₹88.80▼ −1.5%▼ −0.6%−0.9 pp difference
+1 session11 May₹86.79▼ −3.7%▼ −2.1%−1.6 pp difference
+3 sessions13 May₹91.11▲ +1.1%▼ −3.8%+4.8 pp difference
+5 sessions15 May₹91.41▲ +1.4%▼ −2.8%+4.2 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.09 on 8 May
Day's range, % · ₹
2.0%≈ 1.8 high to low
Volume on the day
0.50×the 20-session average
Futures OI on the day
▲ +0.3%+120 lots · short build-up · price −1.5%
Futures OI open, lots
48,0008 May · 26 May expiry
Futures premium, ₹
+0.28+0.3% to spot
Puts per call, by OI
0.50from 0.53 the session before
Max pain
90from 90 the session before

Source NSE UDiFF bhavcopy · NMDC on the desk →

Thread · NMDCAll NMDC bulletins →

Related