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BankingMedium impactAfter close

IOB shares fall 5% on government stake sale announcement

after close1 source ↓written by the desknot a recommendation

after the government
5%
with an option
38.51 crore shares
for an additional
19.25 crore shares
potentially raising
₹2,100 cr

Shares of Indian Overseas Bank (IOB) fell 5% after the government announced plans to divest up to 3% equity through an OFS. The sale includes 38.51 crore shares with an option for an additional 19.25 crore shares, potentially raising ₹2,100 cr. Market participants are cautious due to concerns over near-term price pressure and dilution.

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 Dec 2025, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IOB closed −0.6% on the day of the news, from ₹34.30 to ₹34.08; Nifty 0.0% over the same session.

Bulletin at 16:03 IST on 17 Dec 2025. Every change is measured from ₹34.30, the last close before it, on 17 Dec. Nifty 50 is measured over the same sessions.

  • IOB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
IOB closes around the bulletin against the close before the news, with Nifty 50 rebased to it31.4634.3437.23axis spans 18%before the news · 17 Dec34.30Nifty 50IOBbulletinD0+1+3+511 Dec23 Dec2 JanReference close ₹34.30. 16 sessions from 11 Dec to 2 Jan; the price axis spans 18 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 Dec₹34.30basebase
On the day18 Dec₹34.08▼ −0.6%0.0%−0.6 pp difference
+1 session19 Dec₹33.99▼ −0.9%▲ +0.6%−1.5 pp difference
+3 sessions23 Dec₹33.94▼ −1.1%▲ +1.4%−2.4 pp difference
+5 sessions26 Dec₹33.93▼ −1.1%▲ +0.9%−1.9 pp difference
Gap at the open, % · ₹
▼ −0.6%−0.20 on 18 Dec
Day's range, % · ₹
2.7%≈ 0.94 high to low
Volume on the day
2.64×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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