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BankingMedium impactAfter close

Experts bullish on Axis, IndusInd and PSU banks

after close1 source ↓written by the desknot a recommendation

India's banking sector is witnessing strong momentum following robust Q1 updates. Credit growth remains healthy, with solid disbursements across private and PSU banks. However, slower CASA growth may pressure net interest margins (NIMs) for some banks. Experts suggest buying on declines could be a strategic move for FY27.

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, 16:07 IST.

Sourcesnews.google.com

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 16:07 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 →

Thread · AXISBANKAll AXISBANK bulletins →

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