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Tata Steel approves NINL merger and ₹18,488 crore investment

pre-market1 source ↓written by the desknot a recommendation

in its global
₹18,488 crore investment
in July 2022
₹12,100 crore

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 full acquisition of a healthcare venture. The merger, pending regulatory approvals, aims to enhance operational efficiencies and strengthen Tata Steel’s manufacturing footprint in India. This strategic move follows Tata Steel's earlier acquisition of NINL for ₹12,100 crore in July 2022.

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, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed −2.5% on the day of the news, from ₹195.41 to ₹190.51; Nifty −3.3% over the same session; futures OI −4.5%.

Bulletin at 07:04 IST on 19 Mar 2026. Every change is measured from ₹195.41, the last close before it, on 18 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 it173.99195.41216.83axis spans 25%before the news · 18 Mar195.41Nifty 50TATASTEELbulletinD0+1+3+512 Mar24 Mar7 AprFutures open interest, lotspeak 42,000Reference close ₹195.41. 16 sessions from 12 Mar to 7 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 %
Before18 Mar₹195.41basebase
On the day19 Mar₹190.51▼ −2.5%▼ −3.3%+0.8 pp difference
+1 session20 Mar₹196.77▲ +0.7%▼ −2.8%+3.5 pp difference
+3 sessions24 Mar₹190.79▼ −2.4%▼ −3.6%+1.3 pp difference
+5 sessions27 Mar₹193.22▼ −1.1%▼ −4.0%+2.9 pp difference
Gap at the open, % · ₹
▼ −2.4%−4.61 on 19 Mar
Day's range, % · ₹
2.5%≈ 4.8 high to low
Volume on the day
0.68×the 20-session average
Futures OI on the day
▼ −4.5%−1,700 lots · long unwinding · price −2.5%
Futures OI open, lots
36,00019 Mar · 30 Mar expiry
Futures premium, ₹
+0.16+0.1% to spot
Puts per call, by OI
0.63from 0.64 the session before
Max pain
199from 199 the session before

Source NSE UDiFF bhavcopy · TATASTEEL on the desk →

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