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BankingMedium impactAfter close

Axis Bank CFO resignation and $800M GMTN issuance

after close1 source ↓written by the desknot a recommendation

effective
31 Aug 2026
has served
2020
6.875% AT1
for listing
5.348% senior notes

Axis Bank announced the resignation of CFO Puneet Sharma, effective 31 Aug 2026. Sharma has served since 2020, overseeing legal and investor relations. Concurrently, the bank raised US$800M via GMTN notes, comprising US$500M in 6.875% AT1 and US$300M in 5.348% senior notes for listing on IFSC markets.

This dual announcement may impact investor sentiment, as the leadership change comes alongside significant capital raising efforts. Traders should monitor market reactions to both the resignation and the issuance details.

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 Jul 2026, 16:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

AXISBANK closed +0.1% on the day of the news, from ₹1,339.60 to ₹1,341.00; Nifty −0.1% over the same session; futures OI +0.5%.

Bulletin at 16:13 IST on 6 Jul 2026. Every change is measured from ₹1,339.60, the last close before it, on 6 Jul. 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 it122013401459axis spans 20%before the news · 6 Jul1340Nifty 50AXISBANKbulletinD0+1+3+530 Jun10 Jul21 JulFutures open interest, lotspeak 1.3 LReference close ₹1,339.60. 16 sessions from 30 Jun to 21 Jul; 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 %
Before6 Jul₹1,339.60basebase
On the day7 Jul₹1,341.00▲ +0.1%▼ −0.1%+0.2 pp difference
+1 session8 Jul₹1,309.50▼ −2.3%▼ −2.2%0.0 pp difference
+3 sessions10 Jul₹1,323.70▼ −1.2%▼ −0.9%−0.3 pp difference
+5 sessions14 Jul₹1,317.60▼ −1.6%▼ −1.6%−0.1 pp difference
Gap at the open, % · ₹
▲ +0.5%+7.23 on 7 Jul
Day's range, % · ₹
1.6%≈ 21 high to low
Volume on the day
0.93×the 20-session average
Futures OI on the day
▲ +0.5%+510 lots · long build-up · price +0.1%
Futures OI open, lots
1.0 L7 Jul · 28 Jul expiry
Futures premium, ₹
+3.40+0.3% to spot
Puts per call, by OI
0.55from 0.55 the session before
Max pain
1,360from 1,360 the session before

Source NSE UDiFF bhavcopy · AXISBANK on the desk →

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