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BankingMedium impactAfter close

IDBI Bank staff to strike against privatisation plans

after close1 source ↓written by the desknot a recommendation

to protest
27 July
as the bank
884 differently-abled employees

The United Forum of IDBI Officers and Employees has announced a nationwide hunger strike on 27 July to protest the proposed privatisation of IDBI Bank. Concerns are raised over job security and the future of 884 differently-abled employees as the bank transitions away from public sector protections. This move comes amid a period of consistent profitability for the bank.

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 18 Jul 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

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 16:04 IST on 18 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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