NSE seeks clarification on Federal Bank-Jana SFB deal news report

Strategic TransactionsExplain this filing

FEDERALBNK · 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

+0.9%Reaction day

₹322.00

prior close

₹322.30

announcement price

After-mkt

timing

Nifty Midcap 150market-1.6%+2.6% vs market

Private Sector Bank peers, median of 19sector-2.2%+3.2% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Midcap 150 and 3.2 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

-0.1

10m

+0.3

15m

+1.3

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9-1.6+2.6-2.2+3.2

Next day

-0.6-2.6+2.0-3.1+2.6

-1.4-2.5+1.1-2.8+1.4

-1.2-3.5+2.4-2.8+1.6

+1.7-3.0+4.7-2.5+4.2

-0.6-2.0+1.4-1.2+0.6

-0.3-5.0+4.7-3.7+3.4

15d

+6.8-5.5+12.3-3.9+10.7

+7.5-6.1+13.6-7.4+14.8

—————

UpDownMarket · Nifty Midcap 150Sector · 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 asked Federal Bank to clarify a news report claiming the bank is in the final stages of a deal with Jana Small Finance Bank (SFB) and an announcement could come soon. The bank has not yet responded and is yet to share its reply with the exchanges.

Likely market impact

Pending confirmation; no deal is officially announced yet, so no immediate impact on the stock until the bank responds.