OICHARTS
8 AMThe 8 AM report →
ManufacturingHealthcareHigh impactAfter close

Tata Steel board approves NINL merger and major investments

after close1 source ↓written by the desknot a recommendation

in its global
₹18,488 crore investment

Tata Steel's Board has approved the merger of Neelachal Ispat Nigam Limited (NINL), alongside a ₹18,488 crore investment in its global subsidiary and a full acquisition of a healthcare venture. This strategic move aims to streamline operations and enhance efficiencies within Tata Steel's manufacturing footprint in India. The merger is pending regulatory approvals.

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 Mar 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed +3.3% on the day of the news, from ₹190.51 to ₹196.77; Nifty +0.5% over the same session; futures OI +0.9%.

Bulletin at 16:05 IST on 19 Mar 2026. Every change is measured from ₹190.51, the last close before it, on 19 Mar. Nifty 50 is measured over the same sessions.

  • TATASTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TATASTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it169.63190.51211.39axis spans 25%before the news · 19 Mar190.51Nifty 50TATASTEELbulletinD0+1+3+513 Mar25 Mar8 AprFutures open interest, lotspeak 41,000Reference close ₹190.51. 16 sessions from 13 Mar to 8 Apr; the price axis spans 25 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 Mar₹190.51basebase
On the day20 Mar₹196.77▲ +3.3%▲ +0.5%+2.8 pp difference
+1 session23 Mar₹187.17▼ −1.8%▼ −2.1%+0.4 pp difference
+3 sessions25 Mar₹196.65▲ +3.2%▲ +1.3%+1.9 pp difference
+5 sessions30 Mar₹191.86▲ +0.7%▼ −2.9%+3.6 pp difference
Gap at the open, % · ₹
▲ +1.5%+2.90 on 20 Mar
Day's range, % · ₹
3.2%≈ 6.1 high to low
Volume on the day
1.37×the 20-session average
Futures OI on the day
▲ +0.9%+330 lots · long build-up · price +3.3%
Futures OI open, lots
36,00020 Mar · 30 Mar expiry
Futures premium, ₹
−0.14−0.1% to spot
Puts per call, by OI
0.66from 0.63 the session before
Max pain
199from 199 the session before

Source NSE UDiFF bhavcopy · TATASTEEL on the desk →

Thread · TATASTEELAll TATASTEEL bulletins →

Related