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ManufacturingMedium impactAfter close

NSE seeks clarification from KEI Industries on IT raid reports

after close1 source ↓written by the desknot a recommendation

amid reports
3%
during the trading
2.6%-3%

Shares of KEI Industries fell over 3% amid reports of Income Tax raids. The NSE has requested clarification from the company regarding these allegations, with a response pending. Investors reacted cautiously, leading to a decline of approximately 2.6%-3% during the trading session. 📉

The lack of official confirmation from KEI Industries has heightened selling pressure following a strong performance over the past year.

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, 16:17 IST.

Sourcesnews.google.com

The market after the news

KEI closed −0.2% on the day of the news, from ₹5,110.20 to ₹5,099.60; Nifty −0.6% over the same session; futures OI −1.4%.

Bulletin at 16:17 IST on 7 May 2026. Every change is measured from ₹5,110.20, the last close before it, on 7 May. Nifty 50 is measured over the same sessions.

  • KEI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
KEI closes around the bulletin against the close before the news, with Nifty 50 rebased to it459151105629axis spans 23%before the news · 7 May5110Nifty 50KEIbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 11,000Reference close ₹5,110.20. 16 sessions from 30 Apr to 22 May; the price axis spans 23 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₹5,110.20basebase
On the day8 May₹5,099.60▼ −0.2%▼ −0.6%+0.4 pp difference
+1 session11 May₹5,120.00▲ +0.2%▼ −2.1%+2.3 pp difference
+3 sessions13 May₹4,919.50▼ −3.7%▼ −3.8%0.0 pp difference
+5 sessions15 May₹5,117.50▲ +0.1%▼ −2.8%+3.0 pp difference
Gap at the open, % · ₹
▲ +0.3%+15.84 on 8 May
Day's range, % · ₹
2.3%≈ 120 high to low
Volume on the day
0.68×the 20-session average
Futures OI on the day
▼ −1.4%−150 lots · long unwinding · price −0.2%
Futures OI open, lots
10,0008 May · 26 May expiry
Futures premium, ₹
+25.20+0.5% to spot
Puts per call, by OI
1.24from 1.26 the session before
Max pain
5,000from 5,000 the session before

Source NSE UDiFF bhavcopy · KEI on the desk →

Thread · KEIAll KEI bulletins →

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