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MetalsAutomobilesMedium impactAfter close

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

after close1 source ↓written by the desknot a recommendation

fell
4%

The recent surge in crude oil prices has led to profit-taking in India's auto and metal sectors. Concerns over rising input costs are mounting, particularly for energy-intensive metal production. The Nifty Metal index fell nearly 4%, reflecting market anxiety as companies struggle to pass on costs, risking compressed profit margins.

• Increased expenses in mining and refining

• Steel Authority of India Ltd. among the prominent decliners

• Market sentiment remains cautious amid sustained higher energy prices.

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, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SAIL closed −0.1% on the day of the news, from ₹153.88 to ₹153.65; Nifty −0.9% over the same session; futures OI −0.4%.

Bulletin at 16:08 IST on 11 Mar 2026. Every change is measured from ₹153.88, the last close before it, on 11 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 it132.28153.88175.48axis spans 33%before the news · 11 Mar153.88Nifty 50SAILbulletinD0+1+3+55 Mar17 Mar27 MarFutures open interest, lotspeak 45,000Reference close ₹153.88. 16 sessions from 5 Mar to 27 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 %
Before11 Mar₹153.88basebase
On the day12 Mar₹153.65▼ −0.1%▼ −0.9%+0.8 pp difference
+1 session13 Mar₹149.89▼ −2.6%▼ −3.0%+0.4 pp difference
+3 sessions17 Mar₹153.53▼ −0.2%▼ −1.2%+1.0 pp difference
+5 sessions19 Mar₹152.55▼ −0.9%▼ −3.6%+2.8 pp difference
Gap at the open, % · ₹
▼ −0.6%−0.88 on 12 Mar
Day's range, % · ₹
3.0%≈ 4.6 high to low
Volume on the day
0.47×the 20-session average
Futures OI on the day
▼ −0.4%−170 lots · long unwinding · price −0.1%
Futures OI open, lots
44,00012 Mar · 30 Mar expiry
Futures premium, ₹
+0.20+0.1% 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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