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BankingMedium impactPre-market

SBI Cards rating upgraded by Elara Securities

pre-market1 source ↓written by the desknot a recommendation

price target
₹1,006
₹901
assets dipped
3.1%

Elara Securities upgraded SBI Cards from Reduce to Accumulate and raised its price target to ₹1,006 from ₹901. The upgrade follows a challenging FY25, where return on assets dipped to 3.1%. Elara anticipates improved performance, citing a target of sub-9% credit costs for FY26 and growth in spending due to GST momentum.

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 20 Nov 2025, 07:03 IST.

Sourcesnews.google.com

The market after the news

SBICARD closed +1.2% on the day of the news, from ₹863.70 to ₹874.10; Nifty +0.5% over the same session; futures OI −11.9%.

Bulletin at 07:03 IST on 20 Nov 2025. Every change is measured from ₹863.70, the last close before it, on 19 Nov. Nifty 50 is measured over the same sessions.

  • SBICARD close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SBICARD closes around the bulletin against the close before the news, with Nifty 50 rebased to it749.35863.70978.05axis spans 31%before the news · 19 Nov863.70Nifty 50SBICARDbulletinD0+1+3+513 Nov25 Nov4 DecFutures open interest, lotspeak 28,000Reference close ₹863.70. 16 sessions from 13 Nov to 4 Dec; the price axis spans 31 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 %
Before19 Nov₹863.70basebase
On the day20 Nov₹874.10▲ +1.2%▲ +0.5%+0.7 pp difference
+1 session21 Nov₹878.05▲ +1.7%▲ +0.1%+1.6 pp difference
+3 sessions25 Nov₹873.40▲ +1.1%▼ −0.6%+1.8 pp difference
+5 sessions27 Nov₹880.40▲ +1.9%▲ +0.6%+1.3 pp difference
Gap at the open, % · ₹
0.0%0.00 on 20 Nov
Day's range, % · ₹
1.6%≈ 14 high to low
Volume on the day
0.30×the 20-session average
Futures OI on the day
▼ −11.9%−3,400 lots · short covering · price +1.2%
Futures OI open, lots
25,00020 Nov · 25 Nov expiry
Futures premium, ₹
+1.25+0.1% to spot
Puts per call, by OI
0.43from 0.40 the session before
Max pain
890from 880 the session before

Source NSE UDiFF bhavcopy · SBICARD on the desk →

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