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BankingMedium impactPre-market

Motilal Oswal upgrades IDFC First Bank to Buy

pre-market1 source ↓written by the desknot a recommendation

target price
₹105
from the last
23% upside
last close
₹85

Motilal Oswal Financial Services upgraded IDFC First Bank to Buy from Neutral, setting a target price of ₹105, indicating a 23% upside from the last close of ₹85. The upgrade reflects the bank's stronger deposit franchise, sustained loan growth, and improved operating leverage. These factors are expected to support a recovery in profitability.

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 24 Sept 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IDFCFIRSTB closed −4.7% on the day of the news, from ₹87.90 to ₹83.76; Nifty −1.6% over the same session; futures OI +2.6%.

Bulletin at 07:05 IST on 24 Sept 2026. Every change is measured from ₹87.90, the last close before it, on 23 Sept. Nifty 50 is measured over the same sessions.

  • IDFCFIRSTB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IDFCFIRSTB closes around the bulletin against the close before the news, with Nifty 50 rebased to it78.5887.9097.22axis spans 24%before the news · 23 Sept87.90Nifty 50IDFCFIRSTBbulletinD0+1+3+517 Sept24 Sept1 OctFutures open interest, lotspeak 47,000Reference close ₹87.90. 11 sessions from 17 Sept to 1 Oct; the price axis spans 24 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 %
Before23 Sept₹87.90basebase
On the day24 Sept₹83.76▼ −4.7%▼ −1.6%−3.1 pp difference
+1 session25 Sept₹83.80▼ −4.7%▼ −1.3%−3.4 pp difference
+3 sessions29 Sept₹79.46▼ −9.6%▼ −3.1%−6.5 pp difference
+5 sessions1 Oct₹80.39▼ −8.5%▼ −4.4%−4.2 pp difference
Gap at the open, % · ₹
▼ −3.9%−3.40 on 24 Sept
Day's range, % · ₹
2.5%≈ 2.2 high to low
Volume on the day
2.06×the 20-session average
Futures OI on the day
▲ +2.6%+1,200 lots · short build-up · price −4.7%
Futures OI open, lots
45,00024 Sept · 29 Sept expiry
Futures premium, ₹
−0.26−0.3% to spot
Puts per call, by OI
0.75from 0.78 the session before
Max pain
86from 87 the session before

Source NSE UDiFF bhavcopy · IDFCFIRSTB on the desk →

Thread · IDFCFIRSTBAll IDFCFIRSTB bulletins →

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