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TelecomHigh impactAfter close

SBI flags Reliance Telecom loan as fraud, complicating RCOM's revival

after close1 source ↓written by the desknot a recommendation

The State Bank of India (SBI) has classified Reliance Telecom Limited's loan account as fraud, following a forensic audit revealing fund misuse. This decision complicates the ongoing insolvency process for both Reliance Telecom and its parent, Reliance Communications Limited, as resolution plans await approval from the NCLT. Other lenders have also raised similar concerns, increasing scrutiny on RCOM's financial recovery efforts.

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 15 Mar 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RCOM closed −5.0% on the day of the news, from ₹1.01 to ₹0.96; Nifty +1.1% over the same session.

Bulletin at 16:03 IST on 15 Mar 2026. Every change is measured from ₹1.01, the last close before it, on 13 Mar. Nifty 50 is measured over the same sessions.

  • RCOM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
RCOM closes around the bulletin against the close before the news, with Nifty 50 rebased to it0.761.001.23axis spans 62%before the news · 13 Mar1.01Nifty 50RCOMbulletinD0+1+3+59 Mar19 Mar1 AprReference close ₹1.01. 16 sessions from 9 Mar to 1 Apr; the price axis spans 62 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 %
Before13 Mar₹1.01basebase
On the day16 Mar₹0.96▼ −5.0%▲ +1.1%−6.1 pp difference
+1 session17 Mar₹0.92▼ −8.9%▲ +1.9%−10.8 pp difference
+3 sessions19 Mar₹0.87▼ −13.9%▼ −0.6%−13.2 pp difference
+5 sessions23 Mar₹0.85▼ −15.8%▼ −2.8%−13.1 pp difference
Gap at the open, % · ₹
▲ +5.0%+0.05 on 16 Mar
Day's range, % · ₹
9.9%≈ 0.10 high to low
Volume on the day
1.68×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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