IDBI Bank Shows Resilience Amid Market Volatility with Significant Stock Gains

Jan 17 2025 10:35 AM IST
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IDBI Bank has experienced notable stock activity, with a significant increase on January 17, 2025, and a strong upward trend over the past two days. The stock has shown high volatility and is currently above several moving averages, demonstrating resilience compared to broader market performance.
IDBI Bank has shown significant activity today, with a notable increase of 4.74% on January 17, 2025, outperforming its sector by 4.92%. Over the past two days, the stock has gained 13.28%, indicating a strong upward trend. On this trading day, IDBI Bank reached an intraday high of Rs 84.91, reflecting a rise of 6.75%.

The stock has exhibited high volatility, with an intraday volatility rate of 5.82%. In terms of moving averages, IDBI Bank's current price is above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In comparison to broader market performance, IDBI Bank's one-day performance stands at 3.86%, while the Sensex has declined by 0.40%. Over the past month, IDBI Bank has recorded a performance of 3.99%, contrasting with the Sensex's decline of 4.90%. This recent performance underscores IDBI Bank's resilience in a challenging market environment.
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