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Kotak Mahindra Bank acquires Deutsche Bank's wealth business

after close1 source ↓written by the desknot a recommendation

Kotak Mahindra Bank is acquiring the Private Banking and Wealth Management Business of Deutsche Bank in India on a slump sale basis. Cyril Amarchand Mangaldas advised on the transaction, providing legal guidance throughout the process. This acquisition may enhance Kotak's market position in the wealth management sector, potentially attracting new clients and assets.

• Acquisition involves Deutsche Bank's India operations

• Deal expected to strengthen Kotak's offerings in wealth management

• Regulatory compliance handled by expert legal teams

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 3 Jul 2026, 16:04 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 16:04 IST on 3 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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