OICHARTS
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BankingMedium impactAfter close

Banking sector valuations attractive after US-Iran war correction

after close1 source ↓written by the desknot a recommendation

in the past
10%
YTD
12%
compared
16%
for private banks
14.5%

Banking stocks have declined sharply, with the Bank Nifty down 10% in the past month and 12% YTD. PSU banks lag behind, with the Nifty PSU Bank index falling 16% compared to 14.5% for private banks. Analysts see attractive valuations emerging, supported by improving asset quality and margin stabilization.

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 26 Mar 2026, 16:10 IST.

Sourcesnews.google.com

The market after the news

ICICIBANK closed −2.1% on the day of the news, from ₹1,259.70 to ₹1,233.80; Nifty −2.1% over the same session; futures OI −1.1%.

Bulletin at 16:10 IST on 26 Mar 2026. Every change is measured from ₹1,259.70, the last close before it, on 25 Mar. Nifty 50 is measured over the same sessions.

  • ICICIBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ICICIBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it117712641351axis spans 15%before the news · 25 Mar1260Nifty 50ICICIBANKbulletinD0+1+3+519 Mar2 Apr15 AprFutures open interest, lotspeak 1.9 LReference close ₹1,259.70. 16 sessions from 19 Mar to 15 Apr; the price axis spans 15 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 %
Before25 Mar₹1,259.70basebase
On the day27 Mar₹1,233.80▼ −2.1%▼ −2.1%0.0 pp difference
+1 session30 Mar₹1,205.90▼ −4.3%▼ −4.2%−0.1 pp difference
+3 sessions2 Apr₹1,215.80▼ −3.5%▼ −2.5%−0.9 pp difference
+5 sessions7 Apr₹1,245.50▼ −1.1%▼ −0.8%−0.3 pp difference
Gap at the open, % · ₹
▼ −0.3%−3.65 on 27 Mar
Day's range, % · ₹
2.5%≈ 31 high to low
Volume on the day
1.29×the 20-session average
Futures OI on the day
▼ −1.1%−2,100 lots · long unwinding · price −2.1%
Futures OI open, lots
1.9 L27 Mar · 30 Mar expiry
Futures premium, ₹
−0.70−0.1% to spot
Puts per call, by OI
0.56from 0.60 the session before
Max pain
1,290from 1,300 the session before

Source NSE UDiFF bhavcopy · ICICIBANK on the desk →

Thread · ICICIBANKAll ICICIBANK bulletins →

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