Announced Fri, 24 Jul · 10:30 IST
Kotak MF crosses 5% in South Indian Bank via open market buys
SOUTHBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹47.49
prior close
₹46.03
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.5+0.5+0.4+0.9-0.8————————
Up moveDown movePending
AI summary
Kotak Mahindra Mutual Fund bought 1.47 crore shares (0.56%) of South Indian Bank on July 21, 2026 through open market, raising its holding from 4.60% (12.04 crore shares) to 5.16% (13.51 crore shares), crossing the 5% SAST disclosure threshold.
Likely market impact
Positive signal: a major domestic fund house increasing stake shows institutional confidence in the bank.