Coal India Ltd Share Price

Nifty Outlook for 08-Sep-2026 Looks Bearish

The overall trend of Nifty looks bearish, and the sellers are in control over the markets. Sell on rise would be the best strategy to deploy for today’s market considering the overall trend of Nifty. We may expect a change in trend only if the price sustains above the resistance level. Can Initiate buying only if prices continue to sustain above the resistance level. I have provided Nifty Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Nifty Spot Resistance 1 - 23900 Resistance 2 - 23940 Support 1 - 23695 Support 2 - 23670 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : APOLLOHOSP, LT, COALINDIA. Top Losers : INFY, HDFCLIFE, SBILIFE.

Coal India has a mixed but improving near-term outlook

Coal Gasification Scheme Gains Initial Participation

NTPC and Talcher Fertilisers (TFL) have submitted applications under the government’s ₹37,500 crore Scheme for Promotion of Surface Coal/Lignite Gasification Projects, countering early reports that the scheme had attracted no applicants. Approved by the Union Cabinet on 13 May 2026, the scheme aims to catalyse ₹2.5 lakh crore–₹3 lakh crore of investment across nearly 25 projects, create 50,000 direct and indirect jobs and achieve 100 million tonnes of coal gasification capacity by 2030, with all 25 plants targeted for completion within 5 years and 4 under-construction projects expected to be completed within 1 year. The first application window remains open until 7 September 2026, so the final number of applicants will only be known after the deadline. The government has also planned rolling application rounds, with each subsequent round opening for 2 months, reflecting the significant preparation required for these projects, including technology assessment, feedstock arrangements, project economics and pre-feasibility studies. The RFP was issued on 7 July 2026, following roadshows in New Delhi on 28 May, Hyderabad on 11 June and Mumbai on 18 June, while a pre-application conference was held on 20 July. Separately, Coal Minister G Kishan Reddy said on 13 August that 8 companies, including Coal India, are exploring syngas production. The initiative seeks to convert domestic coal and lignite into higher-value products such as methanol, urea, ammonia, ammonium nitrate and synthetic natural gas, with the broader objective of increasing domestic resource utilisation and reducing dependence on imported feedstock.

Coal India: A Stock Worth Watching coming week

Coal India: A Stock Worth Watching?

NIFTY : SPOT IMPORTANT LEVEL FOR NEXT WEEK

We have seen last week was one of Volatile session for Stock market with big volatility in stocks moved both sided . NIFTY SPOT : 23897.70 SUPPORT LEVEL : 23850 , 23770, 23650 RESISTENCE LEVEL : 23960 , 24050 , 24090 Here is the top Nifty 50 Weekly Gainers & Losers — Week of 1–5 Sep 2026 🟢 Top Weekly Gainers Based on the week's daily performances across the index: | 1 | **Coal India (COALINDIA)** | Energy/PSU | +4.05% on Sep 2 | Led PSU rally | | 2 | **ITC** | FMCG | +3.95% on Sep 1 | Topped gainers list | | 3 | **HCL Technologies** | IT | +3.74% on Sep 1 | IT outperformance | | 4 | **SBI Life Insurance** | Insurance | +3.50% on Sep 4 | Week's closing session | | 5 | **Adani Ports** | Infra | +3.62% on Sep 1 | Consistent Adani group buying | 🔴 Top Weekly Losers | 1 | Maruti Suzuki** | Auto | −4.21% on Sep 1 | Biggest single-day fall | | 2 | Shriram Finance** | NBFC | −4.11% on Sep 1 | NBFC selling pressure | | 3 | Eicher Motors** | Auto | −3.24% on Sep 2 | Auto sector weakness | | 4 | Nestle India** | FMCG | −3.25% on Sep 1 | Defensive profit-booking | | 5 | Asian Paints** | Consumer | −3.03% on Sep 1 | Valuation concerns |

Coal India in Focus as Government Boosts Coal Supply