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Sona BLW CEO highlights Europe capex benefits for Indian auto firms

pre-market1 source ↓written by the desknot a recommendation

Sona BLW's CEO, Vivek Vikram Singh, emphasized that Europe’s renewed industrial investment could significantly benefit Indian auto suppliers. He noted that financial stress among European component makers is prompting global carmakers to seek stable suppliers from other regions, creating opportunities for Indian firms. This shift may enhance sourcing strategies and market positions for capable players in India.

• Re-industrialisation of Europe could boost global economy

• European suppliers facing insolvency may open doors for Indian firms

• Urgent need for stable suppliers from other countries

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 28 Jan 2026, 07:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SONACOMS closed +1.3% on the day of the news, from ₹487.80 to ₹494.10; Nifty +0.7% over the same session; futures OI −3.8%.

Bulletin at 07:08 IST on 28 Jan 2026. Every change is measured from ₹487.80, the last close before it, on 27 Jan. Nifty 50 is measured over the same sessions.

  • SONACOMS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SONACOMS closes around the bulletin against the close before the news, with Nifty 50 rebased to it425.95487.80549.65axis spans 29%before the news · 27 Jan487.80Nifty 50SONACOMSbulletinD0+1+3+520 Jan1 Feb10 FebFutures open interest, lotspeak 13,000Reference close ₹487.80. 16 sessions from 20 Jan to 10 Feb; the price axis spans 29 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 %
Before27 Jan₹487.80basebase
On the day28 Jan₹494.10▲ +1.3%▲ +0.7%+0.6 pp difference
+1 session29 Jan₹494.05▲ +1.3%▲ +1.0%+0.3 pp difference
+3 sessions1 Feb₹489.75▲ +0.4%▼ −1.4%+1.8 pp difference
+5 sessions3 Feb₹530.20▲ +8.7%▲ +2.2%+6.5 pp difference
Gap at the open, % · ₹
▲ +0.3%+1.71 on 28 Jan
Day's range, % · ₹
3.6%≈ 17 high to low
Volume on the day
1.57×the 20-session average
Futures OI on the day
▼ −3.8%−460 lots · short covering · price +1.3%
Futures OI open, lots
12,00028 Jan · 24 Feb expiry
Futures premium, ₹
+0.30+0.1% to spot
Puts per call, by OI
0.83from 0.82 the session before
Max pain
480from 465 the session before

Source NSE UDiFF bhavcopy · SONACOMS on the desk →

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