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BankingMedium impactAfter close

IDFC First Bank upgraded to Buy by Motilal Oswal

after close1 source ↓written by the desknot a recommendation

target price
₹105
from its last
23% upside
last close
₹85

Motilal Oswal Financial Services upgraded IDFC First Bank to Buy from Neutral, setting a target price of ₹105, indicating a 23% upside from its last close of ₹85. The upgrade reflects the bank's stronger deposit franchise, sustained loan growth, and improved operating leverage.

This positive outlook suggests potential for recovery in profitability, driven by healthy business growth and controlled credit costs. The bank's strengthened internal controls further support this optimistic assessment.

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 23 Sept 2026, 16:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IDFCFIRSTB closed −4.7% on the day of the news, from ₹87.90 to ₹83.76; Nifty −1.6% over the same session; futures OI +2.6%.

Bulletin at 16:11 IST on 23 Sept 2026. Every change is measured from ₹87.90, the last close before it, on 23 Sept. 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 it78.5887.9097.22axis spans 24%before the news · 23 Sept87.90Nifty 50IDFCFIRSTBbulletinD0+1+3+517 Sept24 Sept1 OctFutures open interest, lotspeak 47,000Reference close ₹87.90. 11 sessions from 17 Sept to 1 Oct; 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 %
Before23 Sept₹87.90basebase
On the day24 Sept₹83.76▼ −4.7%▼ −1.6%−3.1 pp difference
+1 session25 Sept₹83.80▼ −4.7%▼ −1.3%−3.4 pp difference
+3 sessions29 Sept₹79.46▼ −9.6%▼ −3.1%−6.5 pp difference
+5 sessions1 Oct₹80.39▼ −8.5%▼ −4.4%−4.2 pp difference
Gap at the open, % · ₹
▼ −3.9%−3.40 on 24 Sept
Day's range, % · ₹
2.5%≈ 2.2 high to low
Volume on the day
2.06×the 20-session average
Futures OI on the day
▲ +2.6%+1,200 lots · short build-up · price −4.7%
Futures OI open, lots
45,00024 Sept · 29 Sept expiry
Futures premium, ₹
−0.26−0.3% to spot
Puts per call, by OI
0.75from 0.78 the session before
Max pain
86from 87 the session before

Source NSE UDiFF bhavcopy · IDFCFIRSTB on the desk →

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