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IDBI Bank Shares Plunge 10.5% Amid Disinvestment Uncertainty

IDBI Bank shares crashed 10.5 percent on the NSE, hitting an intraday low of ₹79.05 before slightly recovering to close ...

IDBI Bank Shares Plunge 10.5% Amid Disinvestment Uncertainty
Source: The Hindu BusinessLine - Markets

IDBI Bank shares crashed 10.5 percent on the NSE, hitting an intraday low of ₹79.05 before slightly recovering to close at ₹81.22. The sharp decline was driven by growing uncertainty surrounding the government's planned disinvestment of the lender. Trading activity spiked significantly during the session, with total volume surging to 690.74 lakh shares valued at an impressive ₹571.93 crore.

SOURCE: The Hindu BusinessLine - Markets
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