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MetalsAutomobilesMedium impactPre-market

Oil price surge triggers sell-off in auto and metal stocks

pre-market1 source ↓written by the desknot a recommendation

as rising input
4%

The recent surge in crude oil prices has led to profit-taking in India's auto and metal sectors. Nifty Metal index fell nearly 4% as rising input costs raise concerns over profit margins. Companies may struggle to pass on these costs, impacting stock valuations. Steel Authority of India Ltd. was notably affected.

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 11 Mar 2026, 07:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SAIL closed +2.7% on the day of the news, from ₹149.84 to ₹153.88; Nifty −1.6% over the same session; futures OI −0.6%.

Bulletin at 07:09 IST on 11 Mar 2026. Every change is measured from ₹149.84, the last close before it, on 10 Mar. Nifty 50 is measured over the same sessions.

  • SAIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SAIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it128.80149.84170.88axis spans 33%before the news · 10 Mar149.84Nifty 50SAILbulletinD0+1+3+54 Mar16 Mar25 MarFutures open interest, lotspeak 46,000Reference close ₹149.84. 16 sessions from 4 Mar to 25 Mar; the price axis spans 33 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 %
Before10 Mar₹149.84basebase
On the day11 Mar₹153.88▲ +2.7%▼ −1.6%+4.3 pp difference
+1 session12 Mar₹153.65▲ +2.5%▼ −2.6%+5.1 pp difference
+3 sessions16 Mar₹144.69▼ −3.4%▼ −3.5%+0.1 pp difference
+5 sessions18 Mar₹154.42▲ +3.1%▼ −2.0%+5.0 pp difference
Gap at the open, % · ₹
▲ +0.7%+0.97 on 11 Mar
Day's range, % · ₹
3.0%≈ 4.5 high to low
Volume on the day
0.60×the 20-session average
Futures OI on the day
▼ −0.6%−260 lots · short covering · price +2.7%
Futures OI open, lots
44,00011 Mar · 30 Mar expiry
Futures premium, ₹
+1.17+0.8% to spot
Puts per call, by OI
0.68from 0.68 the session before
Max pain
162from 162 the session before

Source NSE UDiFF bhavcopy · SAIL on the desk →

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