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BankingHigh impactPre-market

Kotak Mahindra Bank to acquire Deutsche Bank's wealth management unit

pre-market1 source ↓written by the desknot a recommendation

in advances
₹29,000 cr
in deposits
₹16,000 cr
serving
150,000 customers

Cyril Amarchand Mangaldas advised Kotak Mahindra Bank on the proposed acquisition of Deutsche Bank's Private Banking and Wealth Management Business in India. The deal involves approximately ₹29,000 cr in advances and ₹16,000 cr in deposits, serving around 150,000 customers. The transaction is set to close following the completion of specified conditions in the Business Transfer Agreement.

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 4 Jul 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KOTAKBANK closed −3.9% on the day of the news, from ₹396.75 to ₹381.30; Nifty +0.7% over the same session; futures OI +3.2%.

Bulletin at 07:05 IST on 4 Jul 2026. Every change is measured from ₹396.75, the last close before it, on 3 Jul. 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 it360.57396.75432.93axis spans 20%before the news · 3 Jul396.75Nifty 50KOTAKBANKbulletinD0+1+3+529 Jun9 Jul20 JulFutures open interest, lotspeak 1.1 LReference close ₹396.75. 16 sessions from 29 Jun to 20 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 %
Before3 Jul₹396.75basebase
On the day6 Jul₹381.30▼ −3.9%▲ +0.7%−4.5 pp difference
+1 session7 Jul₹381.70▼ −3.8%▲ +0.5%−4.3 pp difference
+3 sessions9 Jul₹377.15▼ −4.9%▼ −1.3%−3.7 pp difference
+5 sessions13 Jul₹384.65▼ −3.0%▼ −0.3%−2.8 pp difference
Gap at the open, % · ₹
▼ −1.8%−6.98 on 6 Jul
Day's range, % · ₹
2.3%≈ 9.0 high to low
Volume on the day
2.19×the 20-session average
Futures OI on the day
▲ +3.2%+3,200 lots · short build-up · price −3.9%
Futures OI open, lots
1.0 L6 Jul · 28 Jul expiry
Futures premium, ₹
+1.60+0.4% to spot
Puts per call, by OI
0.55from 0.72 the session before
Max pain
390from 400 the session before

Source NSE UDiFF bhavcopy · KOTAKBANK on the desk →

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