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BankingMedium impactAfter close

HSBC upgrades Kotak Mahindra Bank rating to Buy

after close1 source ↓machine-written, see hownot a recommendation

effective
1 Jan 2027

Kotak Mahindra Bank's share price target for 2026 gains attention after HSBC upgraded its rating to Buy. This decision is driven by accelerating loan growth and a clearer leadership roadmap, following the Reserve Bank of India's approval of new CEO Anup Kumar Saha, effective from 1 Jan 2027. The bank's operational metrics have shown resilience, enhancing market confidence.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This 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 7 Oct 2026, 16:06 IST.

Sourcesnews.google.com

The market after the news

KOTAKBANK closed −1.1% on the day of the news, from ₹440.00 to ₹435.00; Nifty −1.6% over the same session; futures OI −1.3%.

Bulletin at 16:06 IST on 7 Oct 2026. Every change is measured from ₹440.00, the last close before it, on 7 Oct. Nifty 50 is measured over the same sessions.

  • KOTAKBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
KOTAKBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it396.53440.00483.47axis spans 22%before the news · 7 Oct440.00Nifty 50KOTAKBANKbulletinD0+1+330 Sept8 Oct14 OctFutures open interest, lotspeak 89,000Reference close ₹440.00. 10 sessions from 30 Sept to 14 Oct; the price axis spans 22 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 %
Before7 Oct₹440.00basebase
On the day8 Oct₹435.00▼ −1.1%▼ −1.6%+0.5 pp difference
+1 session9 Oct₹441.00▲ +0.2%▼ −0.4%+0.6 pp difference
+3 sessions13 Oct₹439.00▼ −0.2%▲ +0.5%−0.8 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
0.0%0.00 on 8 Oct
Day's range, % · ₹
1.6%≈ 7.0 high to low
Volume on the day
1.08×the 20-session average
Futures OI on the day
▼ −1.3%−1,100 lots · long unwinding · price −1.1%
Futures OI open, lots
88,0008 Oct · 27 Oct expiry
Futures premium, ₹
+1.10+0.3% to spot
Puts per call, by OI
0.61from 0.65 the session before
Max pain
420from 420 the session before

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