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SAIL and BCCL partner to develop West Bengal coal blocks

pre-market1 source ↓written by the desknot a recommendation

combined capacity
4 MTPA
in Phase I
79 million tonnes

State-run Steel Authority of India Ltd (SAIL) and Bharat Coking Coal Ltd (BCCL) have signed a Memorandum of Understanding to jointly develop two coal blocks in West Bengal, with a combined capacity of 4 MTPA. This initiative aims to enhance domestic coking coal production and reduce reliance on imports, supporting the Aatmanirbhar Bharat initiative.

• Extractable reserves estimated at 79 million tonnes in Phase I.

• Active mining will commence at BCCL's Kalyaneshwari block, with operational strategies in place for effective resource management.

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 27 Sept 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SAIL closed −0.4% on the day of the news, from ₹185.00 to ₹184.20; Nifty −1.6% over the same session; futures OI −0.6%.

Bulletin at 07:06 IST on 27 Sept 2026. Every change is measured from ₹185.00, the last close before it, on 25 Sept. Nifty 50 is measured over the same sessions.

  • SAIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SAIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it174.01179.72185.44axis spans 7%before the news · 25 Sept185.00Nifty 50SAILbulletinD0+1+321 Sept25 Sept1 OctFutures open interest, lotspeak 43,000Reference close ₹185.00. 9 sessions from 21 Sept to 1 Oct; the price axis spans 7 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 %
Before25 Sept₹185.00basebase
On the day28 Sept₹184.20▼ −0.4%▼ −1.6%+1.1 pp difference
+1 session29 Sept₹181.82▼ −1.7%▼ −1.8%+0.1 pp difference
+3 sessions1 Oct₹174.50▼ −5.7%▼ −3.1%−2.6 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▲ +0.4%+0.70 on 28 Sept
Day's range, % · ₹
3.0%≈ 5.5 high to low
Volume on the day
0.77×the 20-session average
Futures OI on the day
▼ −0.6%−250 lots · long unwinding · price −0.4%
Futures OI open, lots
40,00028 Sept · 29 Sept expiry
Futures premium, ₹
+1.06+0.6% to spot
Puts per call, by OI
1.07from 1.07 the session before
Max pain
188from 188 the session before

Source NSE UDiFF bhavcopy · SAIL on the desk →

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