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EnergyHigh impactPre-market

PFC and REC boards approve merger for power sector financing

pre-market1 source ↓written by the desknot a recommendation

The Boards of Power Finance Corporation Limited and REC Limited have approved an in-principle merger to enhance financing for India's power sector. This move follows the Union Budget announcement on 1 Feb 2026, aiming to consolidate public sector NBFCs for better efficiency and scale. The merger is expected to strengthen the balance sheet and improve credit flow in the 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 13 Feb 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PFC closed −2.4% on the day of the news, from ₹410.55 to ₹400.55; Nifty −1.3% over the same session; futures OI 0.0%.

Bulletin at 07:03 IST on 13 Feb 2026. Every change is measured from ₹410.55, the last close before it, on 12 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 it375.24410.55445.86axis spans 19%before the news · 12 Feb410.55Nifty 50PFCbulletinD0+1+3+56 Feb18 Feb27 FebFutures open interest, lotspeak 52,000Reference close ₹410.55. 16 sessions from 6 Feb to 27 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 %
Before12 Feb₹410.55basebase
On the day13 Feb₹400.55▼ −2.4%▼ −1.3%−1.1 pp difference
+1 session16 Feb₹411.80▲ +0.3%▼ −0.5%+0.8 pp difference
+3 sessions18 Feb₹420.45▲ +2.4%▲ +0.1%+2.4 pp difference
+5 sessions20 Feb₹410.10▼ −0.1%▼ −0.9%+0.8 pp difference
Gap at the open, % · ₹
▼ −0.8%−3.12 on 13 Feb
Day's range, % · ₹
2.1%≈ 8.6 high to low
Volume on the day
0.64×the 20-session average
Futures OI on the day
0.0%−14 lots · long unwinding · price −2.4%
Futures OI open, lots
52,00013 Feb · 24 Feb expiry
Futures premium, ₹
−3.05−0.8% to spot
Puts per call, by OI
0.61from 0.62 the session before
Max pain
395from 395 the session before

Source NSE UDiFF bhavcopy · PFC on the desk →

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