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BankingAfter close

NCLAT clears Axis Bank's CIRP trigger on default ruling

after close1 source ↓written by the desknot a recommendation

On 6 October 2025, the NCLAT ruled that default triggers CIRP regardless of loan disbursement levels. This decision supports Axis Bank's move to initiate Corporate Insolvency Resolution Process against Supreme Transport Organisation. The ruling emphasizes that partial disbursement arguments are ineffective in insolvency cases, potentially impacting financial sector sentiment.

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 4 Nov 2025, 18:07 IST.

Sourcesnews.google.com

The market after the news

AXISBANK closed +0.1% on the day of the news, from ₹1,226.60 to ₹1,228.50; Nifty −0.3% over the same session; futures OI +0.4%.

Bulletin at 18:07 IST on 4 Nov 2025. Every change is measured from ₹1,226.60, the last close before it, on 4 Nov. Nifty 50 is measured over the same sessions.

  • AXISBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
AXISBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it111712271336axis spans 20%before the news · 4 Nov1227Nifty 50AXISBANKbulletinD0+1+3+529 Oct11 Nov20 NovFutures open interest, lotspeak 1.3 LReference close ₹1,226.60. 16 sessions from 29 Oct to 20 Nov; the price axis spans 20 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 %
Before4 Nov₹1,226.60basebase
On the day6 Nov₹1,228.50▲ +0.1%▼ −0.3%+0.5 pp difference
+1 session7 Nov₹1,222.80▼ −0.3%▼ −0.4%+0.1 pp difference
+3 sessions11 Nov₹1,222.50▼ −0.3%▲ +0.4%−0.7 pp difference
+5 sessions13 Nov₹1,225.20▼ −0.1%▲ +1.1%−1.2 pp difference
Gap at the open, % · ₹
▼ −0.1%−1.59 on 6 Nov
Day's range, % · ₹
1.2%≈ 15 high to low
Volume on the day
0.56×the 20-session average
Futures OI on the day
▲ +0.4%+500 lots · long build-up · price +0.1%
Futures OI open, lots
1.2 L6 Nov · 25 Nov expiry
Futures premium, ₹
+6.10+0.5% to spot
Puts per call, by OI
0.58from 0.60 the session before
Max pain
1,230from 1,230 the session before

Source NSE UDiFF bhavcopy · AXISBANK on the desk →

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