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ManufacturingHigh impactAfter close

Sajjan Jindal raises ₹6,000 crore for AkzoNobel acquisition

after close1 source ↓written by the desknot a recommendation

by pledging shares
₹6,000 crore
in AkzoNobel India
74.76% stake
valued
₹8,986 crore

Sajjan Jindal has raised ₹6,000 crore by pledging shares of JSW Steel to mutual funds. This funding will facilitate the acquisition of a 74.76% stake in AkzoNobel India, valued at ₹8,986 crore. The deal received approval from the CCI in September, marking a significant move in the paint sector.

Traders should note the potential impact on JSW Steel's share price due to this capital raise and the strategic expansion into the paint market.

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 19 Nov 2025, 16:10 IST.

Sourcesnews.google.com

The market after the news

JSWSTEEL closed +0.4% on the day of the news, from ₹1,164.90 to ₹1,170.00; Nifty +0.5% over the same session; futures OI +0.4%.

Bulletin at 16:10 IST on 19 Nov 2025. Every change is measured from ₹1,164.90, the last close before it, on 19 Nov. Nifty 50 is measured over the same sessions.

  • JSWSTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
JSWSTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it106411651266axis spans 19%before the news · 19 Nov1165Nifty 50JSWSTEELbulletinD0+1+3+513 Nov25 Nov4 DecFutures open interest, lotspeak 73,000Reference close ₹1,164.90. 16 sessions from 13 Nov to 4 Dec; 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 %
Before19 Nov₹1,164.90basebase
On the day20 Nov₹1,170.00▲ +0.4%▲ +0.5%−0.1 pp difference
+1 session21 Nov₹1,140.30▼ −2.1%▲ +0.1%−2.2 pp difference
+3 sessions25 Nov₹1,112.00▼ −4.5%▼ −0.6%−3.9 pp difference
+5 sessions27 Nov₹1,160.60▼ −0.4%▲ +0.6%−1.0 pp difference
Gap at the open, % · ₹
▲ +0.5%+5.71 on 20 Nov
Day's range, % · ₹
1.2%≈ 14 high to low
Volume on the day
0.64×the 20-session average
Futures OI on the day
▲ +0.4%+290 lots · long build-up · price +0.4%
Futures OI open, lots
67,00020 Nov · 25 Nov expiry
Futures premium, ₹
+2.00+0.2% to spot
Puts per call, by OI
0.59from 0.56 the session before
Max pain
1,180from 1,170 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

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