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Vedanta shares surge 4% on Hindustan Zinc stake sale

pre-market1 source ↓written by the desknot a recommendation

to a record
4.47%
on the NSE
₹737
sell
67 million shares
of Hindustan Zinc's
1.59%
Zinc shares
0.18%

Shares of Vedanta rose 4.47% to a record high of ₹737 on the NSE following the announcement of a stake sale in Hindustan Zinc. The company plans to sell up to 67 million shares, representing 1.59% of Hindustan Zinc's equity, through an offer for sale (OFS) that runs for two days. This move may enhance liquidity and investor interest in both Vedanta and Hindustan Zinc.

• OFS period: 28-29 Jan 2023

• Hindustan Zinc shares down 0.18% at ₹725.90.

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 29 Jan 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

VEDL closed +4.0% on the day of the news, from ₹737.10 to ₹766.35; Nifty +0.3% over the same session; futures OI +1.5%.

Bulletin at 07:03 IST on 29 Jan 2026. Every change is measured from ₹737.10, the last close before it, on 28 Jan. Nifty 50 is measured over the same sessions.

  • VEDL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
VEDL closes around the bulletin against the close before the news, with Nifty 50 rebased to it650.71737.10823.49axis spans 27%before the news · 28 Jan737.10Nifty 50VEDLbulletinD0+1+3+521 Jan2 Feb11 FebFutures open interest, lotspeak 76,000Reference close ₹737.10. 16 sessions from 21 Jan to 11 Feb; the price axis spans 27 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 %
Before28 Jan₹737.10basebase
On the day29 Jan₹766.35▲ +4.0%▲ +0.3%+3.7 pp difference
+1 session30 Jan₹681.55▼ −7.5%▼ −0.1%−7.5 pp difference
+3 sessions2 Feb₹660.65▼ −10.4%▼ −1.0%−9.4 pp difference
+5 sessions4 Feb₹687.80▼ −6.7%▲ +1.7%−8.4 pp difference
Gap at the open, % · ₹
▲ +1.1%+8.18 on 29 Jan
Day's range, % · ₹
3.6%≈ 27 high to low
Volume on the day
1.80×the 20-session average
Futures OI on the day
▲ +1.5%+1,000 lots · long build-up · price +4.0%
Futures OI open, lots
69,00029 Jan · 24 Feb expiry
Futures premium, ₹
+0.40+0.1% to spot
Puts per call, by OI
0.77from 0.73 the session before
Max pain
700from 700 the session before

Source NSE UDiFF bhavcopy · VEDL on the desk →

Thread · VEDLAll VEDL bulletins →

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