IDBI Bank Faces Significant Stock Volatility Amid Broader Market Trends

Jan 15 2025 09:30 AM IST
share
Share Via
IDBI Bank's stock faced significant challenges on January 15, 2025, with notable declines and high volatility during trading. The stock's performance lagged behind its sector and the broader market, reflecting ongoing difficulties in the current financial environment, as indicated by its moving averages and recent performance metrics.
IDBI Bank has faced notable challenges in its stock performance, experiencing a decline of 6.03% on January 15, 2025. The stock opened the day with a significant gap down, reflecting an initial loss of 3.45%. Throughout the trading session, IDBI Bank's shares reached an intraday low of Rs 72.37, marking a decrease of 6.82%. The stock displayed high volatility, with an intraday volatility rate of 33.21%, indicating considerable fluctuations in trading activity.

In terms of moving averages, IDBI Bank's current price is above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past day, the bank's performance lagged behind its sector, with a decline of 6.27%, while the broader Sensex index saw a modest gain of 0.32%. Additionally, IDBI Bank's performance over the past month reflects a decrease of 10.65%, contrasting with a decline of 6.56% in the Sensex. These metrics underscore the difficulties IDBI Bank is encountering in the current market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News