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Oil and gasMedium impactPre-market

Oil and gas stocks rise despite rising crude prices

pre-market1 source ↓written by the desknot a recommendation

in Brent crude
1.15% rise
per barrel
$78.92
each
1%

Oil and gas stocks surged on Thursday, with the Nifty Oil & Gas index climbing nearly 1% despite a 1.15% rise in Brent crude to $78.92 per barrel. Mahanagar Gas led the rally, gaining nearly 3%, followed by Petronet LNG and GAIL (India), each up over 1%. The surge comes amid geopolitical tensions affecting global energy supplies.

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 10 Jul 2026, 07:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GAIL closed +2.1% on the day of the news, from ₹170.20 to ₹173.73; Nifty +1.0% over the same session; futures OI +1.0%.

Bulletin at 07:07 IST on 10 Jul 2026. Every change is measured from ₹170.20, the last close before it, on 9 Jul. Nifty 50 is measured over the same sessions.

  • GAIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
GAIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it158.83170.20181.57axis spans 14%before the news · 9 Jul170.20Nifty 50GAILbulletinD0+1+3+53 Jul15 Jul24 JulFutures open interest, lotspeak 23,000Reference close ₹170.20. 16 sessions from 3 Jul to 24 Jul; the price axis spans 14 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 %
Before9 Jul₹170.20basebase
On the day10 Jul₹173.73▲ +2.1%▲ +1.0%+1.1 pp difference
+1 session13 Jul₹173.12▲ +1.7%▲ +1.0%+0.7 pp difference
+3 sessions15 Jul₹173.15▲ +1.7%▲ +0.5%+1.3 pp difference
+5 sessions17 Jul₹171.20▲ +0.6%▲ +1.6%−1.0 pp difference
Gap at the open, % · ₹
▲ +0.5%+0.80 on 10 Jul
Day's range, % · ₹
2.0%≈ 3.5 high to low
Volume on the day
0.41×the 20-session average
Futures OI on the day
▲ +1.0%+220 lots · long build-up · price +2.1%
Futures OI open, lots
22,00010 Jul · 28 Jul expiry
Futures premium, ₹
+0.62+0.4% to spot
Puts per call, by OI
0.71from 0.68 the session before
Max pain
175from 175 the session before

Source NSE UDiFF bhavcopy · GAIL on the desk →

Thread · GAILAll GAIL bulletins →

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