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ThyssenKrupp-Tata Steel JV may pass new merger guidelines

pre-market1 source ↓written by the desknot a recommendation

ThyssenKrupp's legal counsel indicated that the previously blocked joint venture with Tata Steel could have been approved under the European Commission's new, more favorable merger guidelines. This shift may enhance prospects for future collaborations in the steel sector, potentially impacting market dynamics and competition.

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 13 May 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed +3.6% on the day of the news, from ₹212.00 to ₹219.62; Nifty +0.1% over the same session; futures OI +1.6%.

Bulletin at 07:03 IST on 13 May 2026. Every change is measured from ₹212.00, the last close before it, on 12 May. 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 it188.76212.00235.24axis spans 25%before the news · 12 May212.00Nifty 50TATASTEELbulletinD0+1+3+56 May18 May27 MayFutures open interest, lotspeak 79,000Reference close ₹212.00. 16 sessions from 6 May to 27 May; 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 %
Before12 May₹212.00basebase
On the day13 May₹219.62▲ +3.6%▲ +0.1%+3.5 pp difference
+1 session14 May₹221.13▲ +4.3%▲ +1.3%+3.0 pp difference
+3 sessions18 May₹209.71▼ −1.1%▲ +1.2%−2.2 pp difference
+5 sessions20 May₹207.01▼ −2.4%▲ +1.2%−3.5 pp difference
Gap at the open, % · ₹
▲ +0.6%+1.23 on 13 May
Day's range, % · ₹
3.7%≈ 7.8 high to low
Volume on the day
1.89×the 20-session average
Futures OI on the day
▲ +1.6%+1,000 lots · long build-up · price +3.6%
Futures OI open, lots
67,00013 May · 26 May expiry
Futures premium, ₹
+0.52+0.2% to spot
Puts per call, by OI
0.68from 0.66 the session before
Max pain
210from 210 the session before

Source NSE UDiFF bhavcopy · TATASTEEL on the desk →

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