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PFC and REC boards approve merger plan

after close1 source ↓written by the desknot a recommendation

The boards of Power Finance Corporation and REC have approved the in-principle merger of the two entities, retaining the new entity as a government company. This decision follows the finance minister's announcement on restructuring during the recent Budget speech. The merger aims to create a larger balance sheet to better meet funding needs in the evolving energy sector.

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 7 Feb 2026, 16:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PFC closed −0.9% on the day of the news, from ₹419.20 to ₹415.20; Nifty +0.7% over the same session; futures OI +2.3%.

Bulletin at 16:02 IST on 7 Feb 2026. Every change is measured from ₹419.20, the last close before it, on 6 Feb. Nifty 50 is measured over the same sessions.

  • PFC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PFC closes around the bulletin against the close before the news, with Nifty 50 rebased to it383.15419.20455.25axis spans 19%before the news · 6 Feb419.20Nifty 50PFCbulletinD0+1+3+52 Feb12 Feb23 FebFutures open interest, lotspeak 52,000Reference close ₹419.20. 16 sessions from 2 Feb to 23 Feb; the price axis spans 19 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 %
Before6 Feb₹419.20basebase
On the day9 Feb₹415.20▼ −0.9%▲ +0.7%−1.6 pp difference
+1 session10 Feb₹413.25▼ −1.4%▲ +0.9%−2.4 pp difference
+3 sessions12 Feb₹410.55▼ −2.1%▲ +0.4%−2.5 pp difference
+5 sessions16 Feb₹411.80▼ −1.8%0.0%−1.7 pp difference
Gap at the open, % · ₹
▲ +1.4%+5.78 on 9 Feb
Day's range, % · ₹
5.9%≈ 25 high to low
Volume on the day
1.89×the 20-session average
Futures OI on the day
▲ +2.3%+1,200 lots · short build-up · price −0.9%
Futures OI open, lots
52,0009 Feb · 24 Feb expiry
Futures premium, ₹
−2.60−0.6% to spot
Puts per call, by OI
0.72from 0.78 the session before
Max pain
395from 395 the session before

Source NSE UDiFF bhavcopy · PFC on the desk →

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