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Parliament discusses AI adoption in steel and PLI updates

pre-market1 source ↓written by the desknot a recommendation

The steel ministry reports that Steel Authority of India Ltd, NMDC, and MOIL are implementing AI technologies to enhance operational efficiency and cost optimisation. Additionally, Ola Cell Technologies is the sole beneficiary of the battery PLI scheme, indicating a shift towards innovation in the sector. These developments may influence investor sentiment in the steel and automotive sectors.

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 Dec 2025, 07:10 IST.

Sourcesnews.google.com

The market after the news

SAIL closed −0.5% on the day of the news, from ₹129.15 to ₹128.52; Nifty −0.3% over the same session; futures OI +0.6%.

Bulletin at 07:10 IST on 10 Dec 2025. Every change is measured from ₹129.15, the last close before it, on 9 Dec. 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 it111.02129.15147.28axis spans 33%before the news · 9 Dec129.15Nifty 50SAILbulletinD0+1+3+53 Dec15 Dec24 DecFutures open interest, lotspeak 39,000Reference close ₹129.15. 16 sessions from 3 Dec to 24 Dec; 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 %
Before9 Dec₹129.15basebase
On the day10 Dec₹128.52▼ −0.5%▼ −0.3%−0.2 pp difference
+1 session11 Dec₹129.54▲ +0.3%▲ +0.2%+0.1 pp difference
+3 sessions15 Dec₹132.31▲ +2.5%▲ +0.7%+1.7 pp difference
+5 sessions17 Dec₹130.20▲ +0.8%▼ −0.1%+0.9 pp difference
Gap at the open, % · ₹
▼ −0.5%−0.65 on 10 Dec
Day's range, % · ₹
2.0%≈ 2.6 high to low
Volume on the day
0.58×the 20-session average
Futures OI on the day
▲ +0.6%+220 lots · short build-up · price −0.5%
Futures OI open, lots
37,00010 Dec · 30 Dec expiry
Futures premium, ₹
+0.27+0.2% to spot
Puts per call, by OI
0.57from 0.57 the session before
Max pain
134from 135 the session before

Source NSE UDiFF bhavcopy · SAIL on the desk →

Thread · SAILAll SAIL bulletins →

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