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BankingMedium impactAfter close

IDBI Bank staff to strike against proposed privatisation

after close1 source ↓written by the desknot a recommendation

to protest
27 July
particularly
884 differently-abled staff

The United Forum of IDBI Officers and Employees has announced a nationwide strike on 27 July to protest the proposed privatisation of IDBI Bank. Employees express concerns over job security and benefits, particularly for 884 differently-abled staff. The move comes as the bank shows consistent profitability over the past six years, raising questions about the implications of ownership change.

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 17 Jul 2026, 16:07 IST.

Sourcesnews.google.com

The market after the news

IDBI closed −2.3% on the day of the news, from ₹87.02 to ₹85.03; Nifty −0.4% over the same session.

Bulletin at 16:07 IST on 17 Jul 2026. Every change is measured from ₹87.02, the last close before it, on 17 Jul. 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 it75.4687.0298.58axis spans 31%before the news · 17 Jul87.02Nifty 50IDBIbulletinD0+1+3+513 Jul23 Jul3 AugReference close ₹87.02. 16 sessions from 13 Jul to 3 Aug; 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 %
Before17 Jul₹87.02basebase
On the day20 Jul₹85.03▼ −2.3%▼ −0.4%−1.9 pp difference
+1 session21 Jul₹86.63▼ −0.5%▼ −0.6%+0.1 pp difference
+3 sessions23 Jul₹85.06▼ −2.3%▼ −1.9%−0.3 pp difference
+5 sessions27 Jul₹84.48▼ −2.9%▼ −1.4%−1.5 pp difference
Gap at the open, % · ₹
0.0%0.00 on 20 Jul
Day's range, % · ₹
3.2%≈ 2.8 high to low
Volume on the day
0.66×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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