OICHARTS
8 AMThe 8 AM report →
BankingMedium impactPre-market

India considers lowering reserve price for IDBI Bank stake sale

pre-market1 source ↓written by the desknot a recommendation

in the reserve
20% cut

Indian officials are exploring a 20% cut in the reserve price to boost interest in the sale of a controlling stake in IDBI Bank. The previous attempt to privatize the lender stalled as bids were withdrawn due to unmet minimum thresholds. Fairfax Financial Holdings and Emirates NBD PJSC were among the bidders.

This move aims to attract new offers and reflect the bank’s true valuation, potentially reviving the stalled sale process.

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 20 May 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IDBI closed −0.3% on the day of the news, from ₹73.56 to ₹73.30; Nifty +0.2% over the same session.

Bulletin at 07:04 IST on 20 May 2026. Every change is measured from ₹73.56, the last close before it, on 19 May. 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 it63.7973.5683.33axis spans 31%before the news · 19 May73.56Nifty 50IDBIbulletinD0+1+3+513 May25 May4 JunReference close ₹73.56. 16 sessions from 13 May to 4 Jun; 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 %
Before19 May₹73.56basebase
On the day20 May₹73.30▼ −0.3%▲ +0.2%−0.5 pp difference
+1 session21 May₹72.90▼ −0.9%▲ +0.2%−1.1 pp difference
+3 sessions25 May₹73.04▼ −0.7%▲ +1.8%−2.5 pp difference
+5 sessions27 May₹73.49▼ −0.1%▲ +1.2%−1.3 pp difference
Gap at the open, % · ₹
▼ −0.9%−0.66 on 20 May
Day's range, % · ₹
5.0%≈ 3.6 high to low
Volume on the day
1.02×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · IDBI on the desk →

Thread · IDBIAll IDBI bulletins →

Related