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PFC-REC merger may boost India's credit market

after close1 source ↓written by the desknot a recommendation

in bonds
₹5.5 trillion

The merger of Power Finance Corporation and REC Ltd, involving ₹5.5 trillion in bonds, is expected to enhance financing in India's power sector. This consolidation could allow funds to reinvest and avoid regulatory limits, effectively halving exposure to a single AAA rated issuer. 💼

This move may stimulate growth in the credit market and improve liquidity for larger projects.

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 16 Feb 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PFC closed +1.3% on the day of the news, from ₹411.80 to ₹416.95; Nifty +0.2% over the same session; futures OI +0.4%.

Bulletin at 16:05 IST on 16 Feb 2026. Every change is measured from ₹411.80, the last close before it, on 16 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 it376.39411.80447.21axis spans 19%before the news · 16 Feb411.80Nifty 50PFCbulletinD0+1+3+510 Feb20 Feb4 MarFutures open interest, lotspeak 52,000Reference close ₹411.80. 16 sessions from 10 Feb to 4 Mar; 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 %
Before16 Feb₹411.80basebase
On the day17 Feb₹416.95▲ +1.3%▲ +0.2%+1.1 pp difference
+1 session18 Feb₹420.45▲ +2.1%▲ +0.5%+1.6 pp difference
+3 sessions20 Feb₹410.10▼ −0.4%▼ −0.4%0.0 pp difference
+5 sessions24 Feb₹419.40▲ +1.9%▼ −1.0%+2.9 pp difference
Gap at the open, % · ₹
▼ −0.2%−0.78 on 17 Feb
Day's range, % · ₹
2.1%≈ 8.7 high to low
Volume on the day
0.50×the 20-session average
Futures OI on the day
▲ +0.4%+200 lots · long build-up · price +1.3%
Futures OI open, lots
52,00017 Feb · 24 Feb expiry
Futures premium, ₹
−3.05−0.7% to spot
Puts per call, by OI
0.64from 0.61 the session before
Max pain
395from 395 the session before

Source NSE UDiFF bhavcopy · PFC on the desk →

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