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IDFC First Bank settles ₹645 crore Chandigarh fraud claims

pre-market1 source ↓written by the desknot a recommendation

initial estimate
₹590 crore

IDFC First Bank has settled fraud claims of ₹645 crore related to a Chandigarh branch incident. This amount exceeds the initial estimate of ₹590 crore, indicating additional claims from the same fraud case. The bank confirmed no further discrepancies were found and will pursue recovery actions against the involved parties.

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 11 Mar 2026, 07:15 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IDFCFIRSTB closed −1.6% on the day of the news, from ₹67.27 to ₹66.16; Nifty −1.6% over the same session; futures OI +1.5%.

Bulletin at 07:15 IST on 11 Mar 2026. Every change is measured from ₹67.27, the last close before it, on 10 Mar. Nifty 50 is measured over the same sessions.

  • IDFCFIRSTB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IDFCFIRSTB closes around the bulletin against the close before the news, with Nifty 50 rebased to it60.1467.2774.40axis spans 24%before the news · 10 Mar67.27Nifty 50IDFCFIRSTBbulletinD0+1+3+54 Mar16 Mar25 MarFutures open interest, lotspeak 56,000Reference close ₹67.27. 16 sessions from 4 Mar to 25 Mar; the price axis spans 24 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 %
Before10 Mar₹67.27basebase
On the day11 Mar₹66.16▼ −1.6%▼ −1.6%0.0 pp difference
+1 session12 Mar₹64.78▼ −3.7%▼ −2.6%−1.1 pp difference
+3 sessions16 Mar₹62.81▼ −6.6%▼ −3.5%−3.1 pp difference
+5 sessions18 Mar₹65.26▼ −3.0%▼ −2.0%−1.0 pp difference
Gap at the open, % · ₹
▲ +0.3%+0.19 on 11 Mar
Day's range, % · ₹
3.1%≈ 2.1 high to low
Volume on the day
0.35×the 20-session average
Futures OI on the day
▲ +1.5%+840 lots · short build-up · price −1.6%
Futures OI open, lots
56,00011 Mar · 30 Mar expiry
Futures premium, ₹
+0.10+0.1% to spot
Puts per call, by OI
0.58from 0.59 the session before
Max pain
70from 70 the session before

Source NSE UDiFF bhavcopy · IDFCFIRSTB on the desk →

Thread · IDFCFIRSTBAll IDFCFIRSTB bulletins →

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