NSE seeks clarification from Bandhan Bank on IHC stake news

BANDHANBNK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+9.2%Reaction day

₹157.50

prior close

₹168.70

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.3%+8.9% vs market

Private Sector Bank peers, median of 19sector+1.0%+8.2% vs sector

On the reaction day the stock moved 8.9 pts more than Nifty Smallcap 250 and 8.2 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.4

15m

+0.6

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.2+0.3+8.9+1.0+8.2

Next day

+7.4+0.3+7.0+0.4+6.9

+8.2-0.8+9.0+0.0+8.1

+6.3-0.8+7.1+1.2+5.1

+4.0-1.9+5.9+0.1+3.9

+1.0-4.1+5.1-1.3+2.3

-4.8-7.8+3.0-2.9-1.9

15d

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UpDownMarket · Nifty Smallcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NSE has sought clarification from Bandhan Bank on news reports that Abu Dhabi's International Holding Company (IHC) is exploring acquiring a stake from the bank's promoter. The stock jumped 7 percent on these reports. The bank's official response to the exchange query is still awaited.

Likely market impact

Stock moved on policy reports of a foreign investor possibly buying a promoter stake. Awaiting the bank's official confirmation or denial.