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Axis Bank considers acquiring promoter stake in CreditAccess Grameen

Axis Bank is exploring the acquisition of a 66.28% promoter stake in CreditAccess Grameen, which has initiated a sale process with the help of investment banks. This could strengthen Axis Bank's foothold in the microfinance sector.

pre-market1 source ↓written by the desknot a recommendation

held by promoters
66.28% stake

Axis Bank is evaluating the acquisition of a 66.28% stake held by promoters in CreditAccess Grameen. The promoters have initiated a sale process and appointed both a foreign and an Indian investment bank to facilitate the transaction. This move may enhance Axis Bank's position in the microfinance sector, impacting investor 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 28 Jan 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

AXISBANK closed +0.3% on the day of the news, from ₹1,315.80 to ₹1,319.80; Nifty +0.7% over the same session; futures OI −5.1%.

Bulletin at 07:03 IST on 28 Jan 2026. Every change is measured from ₹1,315.80, the last close before it, on 27 Jan. 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 it119813161433axis spans 20%before the news · 27 Jan1316Nifty 50AXISBANKbulletinD0+1+3+520 Jan1 Feb10 FebFutures open interest, lotspeak 1.6 LReference close ₹1,315.80. 16 sessions from 20 Jan to 10 Feb; 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 %
Before27 Jan₹1,315.80basebase
On the day28 Jan₹1,319.80▲ +0.3%▲ +0.7%−0.4 pp difference
+1 session29 Jan₹1,363.70▲ +3.6%▲ +1.0%+2.7 pp difference
+3 sessions1 Feb₹1,340.40▲ +1.9%▼ −1.4%+3.3 pp difference
+5 sessions3 Feb₹1,356.20▲ +3.1%▲ +2.2%+0.9 pp difference
Gap at the open, % · ₹
▲ +2.5%+32.24 on 28 Jan
Day's range, % · ₹
4.5%≈ 59 high to low
Volume on the day
2.40×the 20-session average
Futures OI on the day
▼ −5.1%−7,000 lots · short covering · price +0.3%
Futures OI open, lots
1.3 L28 Jan · 24 Feb expiry
Futures premium, ₹
+3.80+0.3% to spot
Puts per call, by OI
0.88from 0.57 the session before
Max pain
1,320from 1,290 the session before

Source NSE UDiFF bhavcopy · AXISBANK on the desk →

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