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Financial ServicesHigh impactPre-market

Kotak Mahindra Bank acquires Deutsche Bank assets for ₹282 cr

pre-market1 source ↓written by the desknot a recommendation

in an all-cash
₹282 crore

Kotak Mahindra Bank has entered into a definitive agreement to acquire Deutsche Bank India's retail and wealth management units for ₹282 crore in an all-cash slump sale. This strategic move aims to enhance Kotak's High Net Worth client base and strengthen its position in the premium banking sector.

• Deal Value: ₹282 crore

• Structure: Slump Sale

• Target: Deutsche Bank India Retail & Wealth Management

This acquisition reflects a consolidation trend in the financial services sector as Deutsche Bank shifts focus towards corporate banking.

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 1 Jul 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KOTAKBANK closed +2.1% on the day of the news, from ₹392.25 to ₹400.45; Nifty +0.6% over the same session; futures OI +0.6%.

Bulletin at 07:03 IST on 1 Jul 2026. Every change is measured from ₹392.25, the last close before it, on 30 Jun. 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 it356.48392.25428.02axis spans 20%before the news · 30 Jun392.25Nifty 50KOTAKBANKbulletinD0+1+3+523 Jun6 Jul15 JulFutures open interest, lotspeak 1.1 LReference close ₹392.25. 16 sessions from 23 Jun to 15 Jul; 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 %
Before30 Jun₹392.25basebase
On the day1 Jul₹400.45▲ +2.1%▲ +0.6%+1.5 pp difference
+1 session2 Jul₹399.30▲ +1.8%▲ +1.3%+0.5 pp difference
+3 sessions6 Jul₹381.30▼ −2.8%▲ +2.4%−5.2 pp difference
+5 sessions8 Jul₹370.10▼ −5.7%▲ +0.1%−5.7 pp difference
Gap at the open, % · ₹
▲ +1.3%+5.10 on 1 Jul
Day's range, % · ₹
2.1%≈ 8.2 high to low
Volume on the day
1.42×the 20-session average
Futures OI on the day
▲ +0.6%+520 lots · long build-up · price +2.1%
Futures OI open, lots
95,0001 Jul · 28 Jul expiry
Futures premium, ₹
+1.30+0.3% to spot
Puts per call, by OI
0.71from 0.89 the session before
Max pain
400from 393 the session before

Source NSE UDiFF bhavcopy · KOTAKBANK on the desk →

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