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InfrastructureTransportMedium impactPre-market

Railway stocks surge on Budget capex expectations

pre-market1 source ↓written by the desknot a recommendation

after promoter shareholding
15%
following fare structure
1%
amid positive market
4%

Shares of railway-linked companies rallied on 22 Dec, driven by pre-Budget optimism. Jupiter Wagons surged 15% after promoter shareholding increased, while IRCTC rose 1% following fare structure changes effective 26 Dec 2025. RailTel also gained over 4% amid positive market sentiment.

The sector's rebound signals strong investor interest ahead of the Union Budget, typically a catalyst for capital expenditure themes.

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 23 Dec 2025, 07:05 IST.

Sourcesnews.google.com

The market after the news

IRCTC closed −0.1% on the day of the news, from ₹681.65 to ₹680.85; Nifty 0.0% over the same session; futures OI +3.9%.

Bulletin at 07:05 IST on 23 Dec 2025. Every change is measured from ₹681.65, the last close before it, on 22 Dec. Nifty 50 is measured over the same sessions.

  • IRCTC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IRCTC closes around the bulletin against the close before the news, with Nifty 50 rebased to it620.85681.65742.45axis spans 20%before the news · 22 Dec681.65Nifty 50IRCTCbulletinD0+1+3+516 Dec29 Dec7 JanFutures open interest, lotspeak 27,000Reference close ₹681.65. 16 sessions from 16 Dec to 7 Jan; the price axis spans 20 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 %
Before22 Dec₹681.65basebase
On the day23 Dec₹680.85▼ −0.1%0.0%−0.1 pp difference
+1 session24 Dec₹679.65▼ −0.3%▼ −0.1%−0.2 pp difference
+3 sessions29 Dec₹699.20▲ +2.6%▼ −0.9%+3.5 pp difference
+5 sessions31 Dec₹684.60▲ +0.4%▼ −0.2%+0.6 pp difference
Gap at the open, % · ₹
▲ +0.7%+4.91 on 23 Dec
Day's range, % · ₹
1.5%≈ 10 high to low
Volume on the day
2.92×the 20-session average
Futures OI on the day
▲ +3.9%+990 lots · short build-up · price −0.1%
Futures OI open, lots
26,00023 Dec · 30 Dec expiry
Futures premium, ₹
+1.65+0.2% to spot
Puts per call, by OI
0.57from 0.61 the session before
Max pain
690from 690 the session before

Source NSE UDiFF bhavcopy · IRCTC on the desk →

Thread · IRCTCAll IRCTC bulletins →

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