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BankingFinancial ServicesMedium impactAfter close

Kotak Mahindra Bank to enhance wealth franchise with Deutsche Bank acquisition

after close1 source ↓written by the desknot a recommendation

management business
₹2.8 billion
This deal adds
150,000 affluent customers
in investment AUM
₹105 billion

Kotak Mahindra Bank plans to acquire Deutsche Bank's retail and wealth management business for ₹2.8 billion. This deal adds 150,000 affluent customers and ₹105 billion in investment AUM, creating significant cross-selling opportunities. With over 90% of the loan book secured, the acquisition poses limited credit risk, focusing on revenue synergies and fee income growth.

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 2 Jul 2026, 16:04 IST.

Sourcesnews.google.com

The market after the news

KOTAKBANK closed −0.6% on the day of the news, from ₹399.30 to ₹396.75; Nifty +0.4% over the same session; futures OI +2.5%.

Bulletin at 16:04 IST on 2 Jul 2026. Every change is measured from ₹399.30, the last close before it, on 2 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 it362.88399.30435.72axis spans 20%before the news · 2 Jul399.30Nifty 50KOTAKBANKbulletinD0+1+3+525 Jun8 Jul17 JulFutures open interest, lotspeak 1.1 LReference close ₹399.30. 16 sessions from 25 Jun to 17 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 %
Before2 Jul₹399.30basebase
On the day3 Jul₹396.75▼ −0.6%▲ +0.4%−1.0 pp difference
+1 session6 Jul₹381.30▼ −4.5%▲ +1.1%−5.6 pp difference
+3 sessions8 Jul₹370.10▼ −7.3%▼ −1.2%−6.1 pp difference
+5 sessions10 Jul₹377.60▼ −5.4%▲ +0.1%−5.6 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.72 on 3 Jul
Day's range, % · ₹
1.7%≈ 6.9 high to low
Volume on the day
0.95×the 20-session average
Futures OI on the day
▲ +2.5%+2,400 lots · short build-up · price −0.6%
Futures OI open, lots
99,0003 Jul · 28 Jul expiry
Futures premium, ₹
+1.85+0.5% to spot
Puts per call, by OI
0.72from 0.73 the session before
Max pain
400from 400 the session before

Source NSE UDiFF bhavcopy · KOTAKBANK on the desk →

Thread · KOTAKBANKAll KOTAKBANK bulletins →

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