Kotak bank will be at its lower level today and probably will find the bottom and we feel that once the dust settles, Kotak bank becomes a buy above 1800 level.
This policy of 15 years as a chairman of a bank affects Kotak Bank in particular and to a smaller extent to Bandhan Bank.
Probably the price is already factored in the price as the news has come now but the Kotak bank share was going down for quite some time and thus we can say that "Price hi Baghwan Che"