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Financial ServicesMedium impactAfter close

Nuvama Wealth target set at ₹10,175 by Citi

after close1 source ↓written by the desknot a recommendation

target price
₹10,175
from the current
42%
current price
₹7,173.20
is scheduled
26 Dec 2023

Citi has maintained a Buy rating on Nuvama Wealth Management, setting a target price of ₹10,175, indicating an upside of 42% from the current price of ₹7,173.20. The brokerage anticipates a recovery in asset servicing and strong client additions, projecting revenue growth in the mid-to-high teens starting Q1 FY2027. Additionally, a stock split is scheduled for 26 Dec 2023.

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 18 Dec 2025, 16:15 IST.

Sourcesnews.google.com

The market after the news

NUVAMA closed −1.8% on the day of the news, from ₹7,301.50 to ₹7,169.00; Nifty +0.6% over the same session; futures OI +10.7%.

Bulletin at 16:15 IST on 18 Dec 2025. Every change is measured from ₹7,301.50, the last close before it, on 18 Dec. Nifty 50 is measured over the same sessions.

  • NUVAMA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
NUVAMA closes around the bulletin against the close before the news, with Nifty 50 rebased to it145248608268axis spans 470%before the news · 18 Dec7302Nifty 50NUVAMAbulletinD0+1+3+512 Dec24 Dec5 JanFutures open interest, lotspeak 29,000Reference close ₹7,301.50. 16 sessions from 12 Dec to 5 Jan; the price axis spans 470 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 %
Before18 Dec₹7,301.50basebase
On the day19 Dec₹7,169.00▼ −1.8%▲ +0.6%−2.4 pp difference
+1 session22 Dec₹7,141.50▼ −2.2%▲ +1.4%−3.6 pp difference
+3 sessions24 Dec₹7,615.00▲ +4.3%▲ +1.3%+3.0 pp difference
+5 sessions29 Dec₹1,461.00▼ −80.0%▲ +0.5%−80.5 pp difference
Gap at the open, % · ₹
▲ +0.4%+28.48 on 19 Dec
Day's range, % · ₹
4.1%≈ 300 high to low
Volume on the day
2.14×the 20-session average
Futures OI on the day
▲ +10.7%+460 lots · short build-up · price −1.8%
Futures OI open, lots
4,70019 Dec · 30 Dec expiry
Futures premium, ₹
+30.50+0.4% to spot
Puts per call, by OI
0.45from 0.50 the session before
Max pain
7,200from 7,300 the session before

Source NSE UDiFF bhavcopy · NUVAMA on the desk →

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