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DefenceAerospaceHigh impactPre-market

Reliance and Rolls-Royce to develop fighter jet engines

pre-market1 source ↓written by the desknot a recommendation

Reliance Industries and Rolls-Royce plan to jointly develop engines for India's advanced fighter jet program. This partnership aims to establish a dedicated aerospace gas turbine complex, enhancing India's defense capabilities. The move aligns with the government's push for a self-reliant defense ecosystem, focusing on indigenous manufacturing and technology.

• No investment details disclosed

• Supports PM Modi's defense initiatives

• Aims to strengthen military aviation 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 16 Aug 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed +0.5% on the day of the news, from ₹1,310.00 to ₹1,316.00; Nifty −0.3% over the same session; futures OI +1.9%.

Bulletin at 07:04 IST on 16 Aug 2026. Every change is measured from ₹1,310.00, the last close before it, on 14 Aug. Nifty 50 is measured over the same sessions.

  • RELIANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RELIANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it121913101401axis spans 15%before the news · 14 Aug1310Nifty 50RELIANCEbulletinD0+1+3+510 Aug20 Aug31 AugFutures open interest, lotspeak 2.8 LReference close ₹1,310.00. 16 sessions from 10 Aug to 31 Aug; the price axis spans 15 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 %
Before14 Aug₹1,310.00basebase
On the day17 Aug₹1,316.00▲ +0.5%▼ −0.3%+0.8 pp difference
+1 session18 Aug₹1,322.00▲ +0.9%▼ −0.9%+1.8 pp difference
+3 sessions20 Aug₹1,313.20▲ +0.2%▼ −0.6%+0.8 pp difference
+5 sessions24 Aug₹1,309.800.0%▼ −0.6%+0.6 pp difference
Gap at the open, % · ₹
▲ +0.3%+4.06 on 17 Aug
Day's range, % · ₹
1.7%≈ 23 high to low
Volume on the day
1.18×the 20-session average
Futures OI on the day
▲ +1.9%+5,000 lots · long build-up · price +0.5%
Futures OI open, lots
2.6 L17 Aug · 25 Aug expiry
Futures premium, ₹
+6.00+0.5% to spot
Puts per call, by OI
0.61from 0.63 the session before
Max pain
1,310from 1,310 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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