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BankingPre-market

Nomura upgrades Axis Bank to overweight amid CRO change

pre-market1 source ↓written by the desknot a recommendation

shares traded between
₹1,264–₹1,281
its 52-week high
3% below
52-week high
₹1,304

Nomura has upgraded Axis Bank to overweight, naming it a top pick in Indian banking. On 2 December 2025, shares traded between ₹1,264–₹1,281, currently about 3% below its 52-week high of ₹1,304. This comes amid broader market pressure from bank stock sell-offs and foreign institutional outflows. 📉

The stock's resilience suggests potential for growth as it navigates upcoming challenges.

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 Dec 2025, 07:12 IST.

Sourcesnews.google.com

The market after the news

AXISBANK closed +1.0% on the day of the news, from ₹1,258.00 to ₹1,270.70; Nifty −0.2% over the same session; futures OI +1.2%.

Bulletin at 07:12 IST on 3 Dec 2025. Every change is measured from ₹1,258.00, the last close before it, on 2 Dec. Nifty 50 is measured over the same sessions.

  • AXISBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
AXISBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it114612581370axis spans 20%before the news · 2 Dec1258Nifty 50AXISBANKbulletinD0+1+3+526 Nov8 Dec17 DecFutures open interest, lotspeak 1.2 LReference close ₹1,258.00. 16 sessions from 26 Nov to 17 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 %
Before2 Dec₹1,258.00basebase
On the day3 Dec₹1,270.70▲ +1.0%▼ −0.2%+1.2 pp difference
+1 session4 Dec₹1,280.00▲ +1.8%0.0%+1.7 pp difference
+3 sessions8 Dec₹1,273.80▲ +1.3%▼ −0.3%+1.5 pp difference
+5 sessions10 Dec₹1,278.60▲ +1.6%▼ −1.1%+2.7 pp difference
Gap at the open, % · ₹
▼ −0.2%−3.02 on 3 Dec
Day's range, % · ₹
1.4%≈ 18 high to low
Volume on the day
0.67×the 20-session average
Futures OI on the day
▲ +1.2%+1,400 lots · long build-up · price +1.0%
Futures OI open, lots
1.2 L3 Dec · 30 Dec expiry
Futures premium, ₹
+8.00+0.6% to spot
Puts per call, by OI
0.62from 0.66 the session before
Max pain
1,280from 1,280 the session before

Source NSE UDiFF bhavcopy · AXISBANK on the desk →

Thread · AXISBANKAll AXISBANK bulletins →

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