OICHARTS
8 AMThe 8 AM report →
InsuranceFinancial ServicesMedium impactPre-market

M&M shares rise on life insurance joint venture with Manulife

pre-market1 source ↓written by the desknot a recommendation

with Manulife
50:50 joint venture

Mahindra & Mahindra (M&M) announced a 50:50 joint venture with Manulife to establish a life insurance company in India. The agreement was approved on 12 Nov 2023 and executed the same night. This venture aims to provide tailored long-term savings and protection solutions for the Indian market. 📈

The equal equity ownership may enhance M&M's presence in the financial services sector, potentially boosting investor sentiment.

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 17 Nov 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

M&M closed +1.0% on the day of the news, from ₹3,698.60 to ₹3,734.90; Nifty +0.4% over the same session; futures OI −0.6%.

Bulletin at 07:04 IST on 17 Nov 2025. Every change is measured from ₹3,698.60, the last close before it, on 14 Nov. Nifty 50 is measured over the same sessions.

  • M&M close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
M&M closes around the bulletin against the close before the news, with Nifty 50 rebased to it336136994036axis spans 20%before the news · 14 Nov3699Nifty 50M&MbulletinD0+1+3+510 Nov20 Nov1 DecFutures open interest, lotspeak 1.0 LReference close ₹3,698.60. 16 sessions from 10 Nov to 1 Dec; 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 %
Before14 Nov₹3,698.60basebase
On the day17 Nov₹3,734.90▲ +1.0%▲ +0.4%+0.6 pp difference
+1 session18 Nov₹3,694.80▼ −0.1%0.0%−0.1 pp difference
+3 sessions20 Nov₹3,716.70▲ +0.5%▲ +1.1%−0.6 pp difference
+5 sessions24 Nov₹3,690.80▼ −0.2%▲ +0.2%−0.4 pp difference
Gap at the open, % · ₹
▲ +0.3%+11.47 on 17 Nov
Day's range, % · ₹
2.0%≈ 72 high to low
Volume on the day
0.89×the 20-session average
Futures OI on the day
▼ −0.6%−520 lots · short covering · price +1.0%
Futures OI open, lots
94,00017 Nov · 25 Nov expiry
Futures premium, ₹
+4.90+0.1% to spot
Puts per call, by OI
0.70from 0.67 the session before
Max pain
3,650from 3,600 the session before

Source NSE UDiFF bhavcopy · M&M on the desk →

Thread · M&MAll M&M bulletins →

Related