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BankingMedium impactAfter close

Morgan Stanley warns of steep decline for SBI Cards

after close1 source ↓written by the desknot a recommendation

target price
₹700
from the current
20%
trading price
₹866

Morgan Stanley has issued a cautious outlook on SBI Cards and Payment Services, reiterating its Underweight rating and cutting the target price to ₹700. This suggests a potential downside of nearly 20% from the current trading price of ₹866. The brokerage cites weak growth in the credit card business and rising competitive pressures as key concerns.

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 25 Dec 2025, 16:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SBICARD closed −0.3% on the day of the news, from ₹867.60 to ₹864.60; Nifty −0.4% over the same session; futures OI +14.2%.

Bulletin at 16:02 IST on 25 Dec 2025. Every change is measured from ₹867.60, the last close before it, on 24 Dec. Nifty 50 is measured over the same sessions.

  • SBICARD close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SBICARD closes around the bulletin against the close before the news, with Nifty 50 rebased to it752.73867.60982.47axis spans 31%before the news · 24 Dec867.60Nifty 50SBICARDbulletinD0+1+3+518 Dec31 Dec9 JanFutures open interest, lotspeak 25,000Reference close ₹867.60. 16 sessions from 18 Dec to 9 Jan; the price axis spans 31 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 %
Before24 Dec₹867.60basebase
On the day26 Dec₹864.60▼ −0.3%▼ −0.4%0.0 pp difference
+1 session29 Dec₹849.95▼ −2.0%▼ −0.8%−1.3 pp difference
+3 sessions31 Dec₹861.70▼ −0.7%▼ −0.1%−0.6 pp difference
+5 sessions2 Jan₹875.95▲ +1.0%▲ +0.7%+0.3 pp difference
Gap at the open, % · ₹
▲ +0.8%+7.29 on 26 Dec
Day's range, % · ₹
1.4%≈ 12 high to low
Volume on the day
2.35×the 20-session average
Futures OI on the day
▲ +14.2%+3,000 lots · short build-up · price −0.3%
Futures OI open, lots
24,00026 Dec · 30 Dec expiry
Futures premium, ₹
+3.25+0.4% to spot
Puts per call, by OI
0.70from 0.73 the session before
Max pain
870from 870 the session before

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