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Kotak Mahindra and Fairfax to bid for IDBI stake

pre-market1 source ↓written by the desknot a recommendation

in IDBI Bank
60.72% stake

Kotak Mahindra Bank and Fairfax Financial are preparing to submit financial bids for a 60.72% stake in IDBI Bank, currently held by the government and LIC. The reserve price will be determined post-bid submission based on business and asset valuations. This stake sale could significantly impact IDBI's future ownership structure and market positioning.

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 6 Feb 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KOTAKBANK closed +3.3% on the day of the news, from ₹408.75 to ₹422.35; Nifty +0.2% over the same session; futures OI −2.3%.

Bulletin at 07:03 IST on 6 Feb 2026. Every change is measured from ₹408.75, the last close before it, on 5 Feb. Nifty 50 is measured over the same sessions.

  • KOTAKBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
KOTAKBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it371.47408.75446.03axis spans 20%before the news · 5 Feb408.75Nifty 50KOTAKBANKbulletinD0+1+3+51 Feb11 Feb20 FebFutures open interest, lotspeak 1.1 LReference close ₹408.75. 16 sessions from 1 Feb to 20 Feb; the price axis spans 20 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 %
Before5 Feb₹408.75basebase
On the day6 Feb₹422.35▲ +3.3%▲ +0.2%+3.1 pp difference
+1 session9 Feb₹428.80▲ +4.9%▲ +0.9%+4.0 pp difference
+3 sessions11 Feb₹429.55▲ +5.1%▲ +1.2%+3.9 pp difference
+5 sessions13 Feb₹420.65▲ +2.9%▼ −0.7%+3.6 pp difference
Gap at the open, % · ₹
▲ +0.6%+2.25 on 6 Feb
Day's range, % · ₹
3.5%≈ 14 high to low
Volume on the day
1.31×the 20-session average
Futures OI on the day
▼ −2.3%−2,500 lots · short covering · price +3.3%
Futures OI open, lots
1.1 L6 Feb · 24 Feb expiry
Futures premium, ₹
+0.35+0.1% to spot
Puts per call, by OI
0.82from 0.83 the session before
Max pain
415from 415 the session before

Source NSE UDiFF bhavcopy · KOTAKBANK on the desk →

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