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Persistent Systems bids for Nagarro SE; Adani Ports credit upgrade

Persistent Systems initiated a takeover bid for Nagarro SE at €81 per share, supported by management. Meanwhile, Adani Ports received a credit upgrade to 'BBB' from 'BBB-', indicating improved financial health and potential investor confidence.

after close1 source ↓written by the desknot a recommendation

through its subsidiary
€81 per share
from its largest
21% stake acquisition

Persistent Systems Ltd has launched a voluntary takeover bid for Nagarro SE at €81 per share through its subsidiary. The deal, supported by Nagarro's management, includes a 21% stake acquisition from its largest shareholder, pending regulatory approvals.

In other news, Adani Ports received a credit rating upgrade to 'BBB' from 'BBB-', reflecting improved cash generation and a stronger balance sheet, which may enhance investor confidence.

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 29 Jun 2026, 16:01 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PERSISTENT closed +0.7% on the day of the news, from ₹4,298.50 to ₹4,326.50; Nifty −0.3% over the same session; futures OI −2.3%.

Bulletin at 16:01 IST on 29 Jun 2026. Every change is measured from ₹4,298.50, the last close before it, on 29 Jun. Nifty 50 is measured over the same sessions.

  • PERSISTENT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PERSISTENT closes around the bulletin against the close before the news, with Nifty 50 rebased to it381745055192axis spans 36%before the news · 29 Jun4299Nifty 50PERSISTENTbulletinD0+1+3+522 Jun3 Jul14 JulFutures open interest, lotspeak 51,000Reference close ₹4,298.50. 16 sessions from 22 Jun to 14 Jul; the price axis spans 36 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 %
Before29 Jun₹4,298.50basebase
On the day30 Jun₹4,326.50▲ +0.7%▼ −0.3%+1.0 pp difference
+1 session1 Jul₹4,330.20▲ +0.7%▲ +0.3%+0.5 pp difference
+3 sessions3 Jul₹4,682.70▲ +8.9%▲ +1.4%+7.6 pp difference
+5 sessions7 Jul₹4,884.80▲ +13.6%▲ +1.9%+11.8 pp difference
Gap at the open, % · ₹
▲ +0.8%+32.67 on 30 Jun
Day's range, % · ₹
2.4%≈ 100 high to low
Volume on the day
1.71×the 20-session average
Futures OI on the day
▼ −2.3%−1,200 lots · short covering · price +0.7%
Futures OI open, lots
49,00030 Jun · 30 Jun expiry
Futures premium, ₹
−1.500.0% to spot
Puts per call, by OI
0.60from 0.51 the session before
Max pain
4,800from 4,500 the session before

Source NSE UDiFF bhavcopy · PERSISTENT on the desk →

Thread · PERSISTENTAll PERSISTENT bulletins →

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