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Sumitomo Chemical India shares rise on semiconductor JV news

pre-market1 source ↓written by the desknot a recommendation

following the announcement
16%

Shares of Sumitomo Chemical India surged nearly 16% following the announcement of a semiconductor joint venture between its parent company and Samsung Electro-Mechanics. This news sparked significant trading activity, reflecting strong investor optimism about the company's future in the global semiconductor supply chain. The robust interest highlights the growing importance of the Indian chemical sector in international markets.

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 7 Jul 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SUMICHEM closed −2.2% on the day of the news, from ₹484.05 to ₹473.35; Nifty −0.1% over the same session.

Bulletin at 07:03 IST on 7 Jul 2026. Every change is measured from ₹484.05, the last close before it, on 6 Jul. Nifty 50 is measured over the same sessions.

  • SUMICHEM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SUMICHEM closes around the bulletin against the close before the news, with Nifty 50 rebased to it415.31484.05552.79axis spans 33%before the news · 6 Jul484.05Nifty 50SUMICHEMbulletinD0+1+3+530 Jun10 Jul21 JulReference close ₹484.05. 16 sessions from 30 Jun to 21 Jul; the price axis spans 33 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 %
Before6 Jul₹484.05basebase
On the day7 Jul₹473.35▼ −2.2%▼ −0.1%−2.1 pp difference
+1 session8 Jul₹467.10▼ −3.5%▼ −2.2%−1.3 pp difference
+3 sessions10 Jul₹513.70▲ +6.1%▼ −0.9%+7.0 pp difference
+5 sessions14 Jul₹535.20▲ +10.6%▼ −1.6%+12.1 pp difference
Gap at the open, % · ₹
▼ −0.3%−1.55 on 7 Jul
Day's range, % · ₹
3.0%≈ 14 high to low
Volume on the day
0.28×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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