OICHARTS
8 AMThe 8 AM report →
BankingMedium impactAfter close

RBI approves Kotak Mahindra stake in AU Small Finance Bank

after close1 source ↓written by the desknot a recommendation

stake
9.99%
communicated
6 May 2026

The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to 9.99% stake in AU Small Finance Bank. This move indicates strong institutional interest in AU SFB, enhancing its growth prospects. The approval, communicated on 6 May 2026, marks a significant milestone for AU SFB as it attracts a major player in 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 7 May 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KOTAKBANK closed +0.4% on the day of the news, from ₹379.40 to ₹380.80; Nifty −0.6% over the same session; futures OI −1.8%.

Bulletin at 16:04 IST on 7 May 2026. Every change is measured from ₹379.40, the last close before it, on 7 May. Nifty 50 is measured over the same sessions.

  • KOTAKBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
KOTAKBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it344.80379.40414.00axis spans 20%before the news · 7 May379.40Nifty 50KOTAKBANKbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 1.2 LReference close ₹379.40. 16 sessions from 30 Apr to 22 May; 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 %
Before7 May₹379.40basebase
On the day8 May₹380.80▲ +0.4%▼ −0.6%+1.0 pp difference
+1 session11 May₹381.05▲ +0.4%▼ −2.1%+2.5 pp difference
+3 sessions13 May₹377.65▼ −0.5%▼ −3.8%+3.3 pp difference
+5 sessions15 May₹387.05▲ +2.0%▼ −2.8%+4.8 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.42 on 8 May
Day's range, % · ₹
2.0%≈ 7.5 high to low
Volume on the day
0.74×the 20-session average
Futures OI on the day
▼ −1.8%−1,900 lots · short covering · price +0.4%
Futures OI open, lots
1.1 L8 May · 26 May expiry
Futures premium, ₹
+0.60+0.2% to spot
Puts per call, by OI
0.60from 0.58 the session before
Max pain
380from 380 the session before

Source NSE UDiFF bhavcopy · KOTAKBANK on the desk →

Thread · KOTAKBANKAll KOTAKBANK bulletins →

Related