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BankingMedium impactPre-market

Axis Bank CFO resignation and $800M GMTN issuance

pre-market1 source ↓written by the desknot a recommendation

effective
31 Aug 2026
via GMTN notes
$800M
including
$500M
6.875% AT1
$300M

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

This dual announcement may impact investor sentiment as the bank navigates leadership changes while enhancing its capital structure. 📈

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, 07:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

AXISBANK closed −0.2% on the day of the news, from ₹1,342.10 to ₹1,339.60; Nifty +0.7% over the same session; futures OI +1.8%.

Bulletin at 07:09 IST on 6 Jul 2026. Every change is measured from ₹1,342.10, the last close before it, on 3 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 it122213421462axis spans 20%before the news · 3 Jul1342Nifty 50AXISBANKbulletinD0+1+3+529 Jun9 Jul20 JulFutures open interest, lotspeak 1.2 LReference close ₹1,342.10. 16 sessions from 29 Jun to 20 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 %
Before3 Jul₹1,342.10basebase
On the day6 Jul₹1,339.60▼ −0.2%▲ +0.7%−0.8 pp difference
+1 session7 Jul₹1,341.00▼ −0.1%▲ +0.5%−0.6 pp difference
+3 sessions9 Jul₹1,297.60▼ −3.3%▼ −1.3%−2.0 pp difference
+5 sessions13 Jul₹1,319.40▼ −1.7%▼ −0.3%−1.4 pp difference
Gap at the open, % · ₹
▲ +1.0%+13.56 on 6 Jul
Day's range, % · ₹
2.6%≈ 36 high to low
Volume on the day
0.76×the 20-session average
Futures OI on the day
▲ +1.8%+1,800 lots · short build-up · price −0.2%
Futures OI open, lots
1.0 L6 Jul · 28 Jul expiry
Futures premium, ₹
+2.80+0.2% to spot
Puts per call, by OI
0.55from 0.69 the session before
Max pain
1,360from 1,360 the session before

Source NSE UDiFF bhavcopy · AXISBANK on the desk →

Thread · AXISBANKAll AXISBANK bulletins →

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