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BankingPre-market

PSU bank stocks rise amid merger strategy reports

pre-market1 source ↓written by the desknot a recommendation

during Monday's trading
4%
consolidate the current
12 banks
6-7 larger entities

Shares of PSU banks surged up to 4% during Monday's trading session following reports that the finance ministry is preparing a merger strategy for public sector banks, with announcements anticipated in April or May. The plan aims to consolidate the current 12 banks into 6-7 larger entities.

This potential restructuring may enhance profitability and operational efficiency, impacting market sentiment positively for the banking 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 18 Nov 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

UCOBANK closed +0.9% on the day of the news, from ₹31.28 to ₹31.55; Nifty −0.4% over the same session.

Bulletin at 07:04 IST on 18 Nov 2025. Every change is measured from ₹31.28, the last close before it, on 17 Nov. Nifty 50 is measured over the same sessions.

  • UCOBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
UCOBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it28.8831.2833.68axis spans 17%before the news · 17 Nov31.28Nifty 50UCOBANKbulletinD0+1+3+511 Nov21 Nov2 DecReference close ₹31.28. 16 sessions from 11 Nov to 2 Dec; the price axis spans 17 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 %
Before17 Nov₹31.28basebase
On the day18 Nov₹31.55▲ +0.9%▼ −0.4%+1.3 pp difference
+1 session19 Nov₹31.85▲ +1.8%▲ +0.1%+1.7 pp difference
+3 sessions21 Nov₹30.70▼ −1.9%▲ +0.2%−2.1 pp difference
+5 sessions25 Nov₹30.64▼ −2.0%▼ −0.5%−1.6 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.07 on 18 Nov
Day's range, % · ₹
2.1%≈ 0.65 high to low
Volume on the day
0.62×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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