OICHARTS
8 AMThe 8 AM report →
BankingITMedium impactPre-market

RBI rate hike impacts bank lending; TCS, Ola, Adani in focus

pre-market1 source ↓machine-written, see hownot a recommendation

repo rate
25 basis points
5.50%
on October 7
0.76%
rights issue
₹999.74 cr

The RBI raised the repo rate by 25 basis points to 5.50%, affecting bank lending benchmarks. Despite the Nifty 50 falling 0.76% on October 7, several banks like Punjab National Bank and ICICI Bank saw gains. Key stocks to watch include TCS reporting Q2 results and Ola Electric announcing a ₹999.74 cr rights issue.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This 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 9 Oct 2026, 07:03 IST.

Sourcesnews.google.com

The market after the news

TCS closed +3.9% on the day of the news, from ₹2,076.00 to ₹2,156.00; Nifty +1.3% over the same session; futures OI −1.4%.

Bulletin at 07:03 IST on 9 Oct 2026. Every change is measured from ₹2,076.00, the last close before it, on 8 Oct. Nifty 50 is measured over the same sessions.

  • TCS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TCS closes around the bulletin against the close before the news, with Nifty 50 rebased to it183420762318axis spans 26%before the news · 8 Oct2076Nifty 50TCSbulletinD0+1+31 Oct8 Oct14 OctFutures open interest, lotspeak 1.3 LReference close ₹2,076.00. 9 sessions from 1 Oct to 14 Oct; 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 %
Before8 Oct₹2,076.00basebase
On the day9 Oct₹2,156.00▲ +3.9%▲ +1.3%+2.5 pp difference
+1 session12 Oct₹2,125.00▲ +2.4%▲ +0.6%+1.8 pp difference
+3 sessions14 Oct₹2,304.90▲ +11.0%▲ +1.8%+9.3 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▲ +0.5%+9.96 on 9 Oct
Day's range, % · ₹
5.7%≈ 120 high to low
Volume on the day
3.47×the 20-session average
Futures OI on the day
▼ −1.4%−1,700 lots · short covering · price +3.9%
Futures OI open, lots
1.2 L9 Oct · 27 Oct expiry
Futures premium, ₹
+8.00+0.4% to spot
Puts per call, by OI
0.91from 0.61 the session before
Max pain
2,140from 2,100 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

Sector · Banking, IT

Company · TCSAll TCS bulletins →