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Vedanta stock jumps on Fitch upgrade and demerger news

after close1 source ↓written by the desknot a recommendation

to reach
3%
intraday high
₹708.50
after Fitch Ratings
6 Apr 2023
to the ongoing
1:5 demerger
to complete
30 Jun 2026

Vedanta Ltd. shares surged over 3% to reach an intraday high of ₹708.50 on 6 Apr 2023 after Fitch Ratings upgraded the credit outlook for parent Vedanta Resources to BB- from B+. The upgrade is expected to have limited credit impact due to the ongoing 1:5 demerger, now set to complete by 30 Jun 2026.

The stock is nearing its 52-week high of ₹770, with a current market cap of ₹2,71,615.55 cr. This positive momentum may attract further investor interest.

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 6 Apr 2026, 18:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

VEDL closed +3.4% on the day of the news, from ₹690.00 to ₹713.25; Nifty +0.7% over the same session; futures OI +2.7%.

Bulletin at 18:09 IST on 6 Apr 2026. Every change is measured from ₹690.00, the last close before it, on 6 Apr. 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 it609.13698.32787.50axis spans 29%before the news · 6 Apr690.00Nifty 50VEDLbulletinD0+1+3+527 Mar10 Apr22 AprFutures open interest, lotspeak 52,000Reference close ₹690.00. 16 sessions from 27 Mar to 22 Apr; the price axis spans 29 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 Apr₹690.00basebase
On the day7 Apr₹713.25▲ +3.4%▲ +0.7%+2.7 pp difference
+1 session8 Apr₹721.40▲ +4.5%▲ +4.5%+0.1 pp difference
+3 sessions10 Apr₹745.15▲ +8.0%▲ +4.7%+3.3 pp difference
+5 sessions15 Apr₹766.05▲ +11.0%▲ +5.5%+5.5 pp difference
Gap at the open, % · ₹
▲ +1.5%+10.07 on 7 Apr
Day's range, % · ₹
3.8%≈ 26 high to low
Volume on the day
1.35×the 20-session average
Futures OI on the day
▲ +2.7%+1,100 lots · long build-up · price +3.4%
Futures OI open, lots
41,0007 Apr · 28 Apr expiry
Futures premium, ₹
+3.45+0.5% to spot
Puts per call, by OI
0.87from 0.77 the session before
Max pain
680from 680 the session before

Source NSE UDiFF bhavcopy · VEDL on the desk →

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