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Fairfax submits revised bid for IDBI Bank divestment

after close1 source ↓written by the desknot a recommendation

for the government
₹50,000 cr
each
₹77

Fairfax India Holdings has proposed a revised all-cash bid for IDBI Bank, aiming to secure it as a key investment in India's financial sector. The deal could generate approximately ₹50,000 cr for the government and LIC, with shares priced around ₹77 each. Discussions are progressing with the Department of Investment and Public Asset Management (DIPAM).

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 25 Jun 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IDBI closed −0.5% on the day of the news, from ₹86.40 to ₹85.96; Nifty −0.5% over the same session.

Bulletin at 16:03 IST on 25 Jun 2026. Every change is measured from ₹86.40, the last close before it, on 25 Jun. Nifty 50 is measured over the same sessions.

  • IDBI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
IDBI closes around the bulletin against the close before the news, with Nifty 50 rebased to it74.9386.4097.87axis spans 31%before the news · 25 Jun86.40Nifty 50IDBIbulletinD0+1+3+519 Jun2 Jul13 JulReference close ₹86.40. 16 sessions from 19 Jun to 13 Jul; the price axis spans 31 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 Jun₹86.40basebase
On the day29 Jun₹85.96▼ −0.5%▼ −0.5%−0.1 pp difference
+1 session30 Jun₹83.53▼ −3.3%▼ −0.8%−2.5 pp difference
+3 sessions2 Jul₹84.41▼ −2.3%▲ +0.5%−2.8 pp difference
+5 sessions6 Jul₹83.97▼ −2.8%▲ +1.6%−4.4 pp difference
Gap at the open, % · ₹
0.0%0.00 on 29 Jun
Day's range, % · ₹
4.0%≈ 3.5 high to low
Volume on the day
0.59×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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