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BankingHigh impactAfter close

Union Bank plans ₹8,000 crore capital raise

after close1 source ↓written by the desknot a recommendation

fundraising strategy
26 May 2023
are trading
₹167.22
today
0.98%
over the past
6.72%

Union Bank of India announced plans to raise up to ₹8,000 crore through equity issuance and Basel III compliant bonds. The board approved this fundraising strategy on 26 May 2023. Currently, shares are trading at ₹167.22, down 0.98% today, but have gained 6.72% over the past five days, reflecting strong recent performance.

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 26 May 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

UNIONBANK closed +0.7% on the day of the news, from ₹167.56 to ₹168.72; Nifty 0.0% over the same session; futures OI +1.3%.

Bulletin at 16:03 IST on 26 May 2026. Every change is measured from ₹167.56, the last close before it, on 26 May. Nifty 50 is measured over the same sessions.

  • UNIONBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
UNIONBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it149.26167.56185.86axis spans 25%before the news · 26 May167.56Nifty 50UNIONBANKbulletinD0+1+3+520 May2 Jun11 JunFutures open interest, lotspeak 33,000Reference close ₹167.56. 16 sessions from 20 May to 11 Jun; the price axis spans 25 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 %
Before26 May₹167.56basebase
On the day27 May₹168.72▲ +0.7%0.0%+0.7 pp difference
+1 session29 May₹167.88▲ +0.2%▼ −1.5%+1.7 pp difference
+3 sessions2 Jun₹162.68▼ −2.9%▼ −1.8%−1.1 pp difference
+5 sessions4 Jun₹166.54▼ −0.6%▼ −2.1%+1.5 pp difference
Gap at the open, % · ₹
0.0%0.00 on 27 May
Day's range, % · ₹
1.4%≈ 2.3 high to low
Volume on the day
0.54×the 20-session average
Futures OI on the day
▲ +1.3%+360 lots · long build-up · price +0.7%
Futures OI open, lots
28,00027 May · 30 Jun expiry
Futures premium, ₹
+1.43+0.8% to spot
Puts per call, by OI
0.84from 0.48 the session before
Max pain
168from 173 the session before

Source NSE UDiFF bhavcopy · UNIONBANK on the desk →

Thread · UNIONBANKAll UNIONBANK bulletins →

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