OICHARTS
8 AMThe 8 AM report →
FMCGManufacturingMarket hours

Asian Paints and Berger Paints gain on CEO resignation news

market hours1 source ↓written by the desknot a recommendation

to ₹2
5.25%
to ₹546.50
1.68%

Shares of Asian Paints surged 5.25% to ₹2,617.30, while Berger Paints rose 1.68% to ₹546.50 in early trading on 06 Nov 2025. This follows the announcement of Rakshit Hargave's resignation as CEO of Birla Opus Paints, effective 01 Nov 2025, which may impact the competitive landscape in the decorative paints sector.

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 6 Nov 2025, 10:06 IST.

Sourcesnews.google.com

The market after the news

ASIANPAINT closed +4.7% on the day of the news, from ₹2,486.70 to ₹2,602.90; Nifty −0.3% over the same session; futures OI −1.3%.

Bulletin at 10:06 IST on 6 Nov 2025. Every change is measured from ₹2,486.70, the last close before it, on 4 Nov. Nifty 50 is measured over the same sessions.

  • ASIANPAINT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ASIANPAINT closes around the bulletin against the close before the news, with Nifty 50 rebased to it230626062906axis spans 26%before the news · 4 Nov2487Nifty 50ASIANPAINTbulletinD0+1+3+529 Oct11 Nov20 NovFutures open interest, lotspeak 57,000Reference close ₹2,486.70. 16 sessions from 29 Oct to 20 Nov; the price axis spans 26 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 %
Before4 Nov₹2,486.70basebase
On the day6 Nov₹2,602.90▲ +4.7%▼ −0.3%+5.0 pp difference
+1 session7 Nov₹2,613.80▲ +5.1%▼ −0.4%+5.5 pp difference
+3 sessions11 Nov₹2,657.20▲ +6.9%▲ +0.4%+6.5 pp difference
+5 sessions13 Nov₹2,879.40▲ +15.8%▲ +1.1%+14.7 pp difference
Gap at the open, % · ₹
▲ +3.0%+73.36 on 6 Nov
Day's range, % · ₹
2.9%≈ 71 high to low
Volume on the day
5.69×the 20-session average
Futures OI on the day
▼ −1.3%−670 lots · short covering · price +4.7%
Futures OI open, lots
52,0006 Nov · 25 Nov expiry
Futures premium, ₹
−2.60−0.1% to spot
Puts per call, by OI
0.60from 0.66 the session before
Max pain
2,580from 2,500 the session before

Source NSE UDiFF bhavcopy · ASIANPAINT on the desk →

Related