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OpenAI expands India presence with new offices and TCS collaboration

pre-market1 source ↓written by the desknot a recommendation

capitalizing on India's
100 million weekly ChatGPT users

OpenAI is expanding its footprint in India by opening new offices in Mumbai and Bengaluru, enhancing its commitment to a rapidly growing market. This follows a collaboration with Tata Consultancy Services to develop AI infrastructure, capitalizing on India's 100 million weekly ChatGPT users. The move positions India as OpenAI's second-largest market globally, after the US.

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 20 Feb 2026, 07:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TCS closed +0.3% on the day of the news, from ₹2,677.90 to ₹2,686.20; Nifty +0.5% over the same session; futures OI −4.8%.

Bulletin at 07:13 IST on 20 Feb 2026. Every change is measured from ₹2,677.90, the last close before it, on 19 Feb. Nifty 50 is measured over the same sessions.

  • TCS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TCS closes around the bulletin against the close before the news, with Nifty 50 rebased to it234726783009axis spans 28%before the news · 19 Feb2678Nifty 50TCSbulletinD0+1+3+513 Feb25 Feb9 MarFutures open interest, lotspeak 1.8 LReference close ₹2,677.90. 16 sessions from 13 Feb to 9 Mar; the price axis spans 28 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 %
Before19 Feb₹2,677.90basebase
On the day20 Feb₹2,686.20▲ +0.3%▲ +0.5%−0.1 pp difference
+1 session23 Feb₹2,676.30▼ −0.1%▲ +1.0%−1.1 pp difference
+3 sessions25 Feb₹2,629.30▼ −1.8%▲ +0.1%−1.9 pp difference
+5 sessions27 Feb₹2,637.40▼ −1.5%▼ −1.1%−0.4 pp difference
Gap at the open, % · ₹
▼ −0.4%−10.98 on 20 Feb
Day's range, % · ₹
2.1%≈ 55 high to low
Volume on the day
0.52×the 20-session average
Futures OI on the day
▼ −4.8%−8,300 lots · short covering · price +0.3%
Futures OI open, lots
1.6 L20 Feb · 24 Feb expiry
Futures premium, ₹
+2.70+0.1% to spot
Puts per call, by OI
0.53from 0.52 the session before
Max pain
2,860from 2,840 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

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