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NCLAT rules on BIFR benefits affecting Axis Bank

market hours1 source ↓written by the desknot a recommendation

The NCLAT has ruled that benefits under the BIFR scheme cannot be claimed post-approval of a resolution plan under the IBC. This decision favors Axis Bank Ltd in a case involving Trinity Auto Components Ltd., which sought to challenge a previous order from the NCLT. ⚖️ This ruling may impact future insolvency proceedings and bank recoveries.

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 5 Nov 2025, 13:03 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 13:03 IST on 5 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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