IDFC First Bank Ltd. Sees 7.7 Million Shares Traded Today Amid 2.05% Decline

IDFC First Bank Ltd., a mid-cap player in the private sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 7,717,632 shares and a total traded value of approximately Rs 611.16 crores. The stock opened at Rs 80.00 and reached a day high of Rs 80.25, but also experienced a decline, touching an intraday low of Rs 78.72, reflecting a decrease of 2.05% during the trading session.
As of the latest update, the last traded price stands at Rs 79.02, which is 4.94% away from its 52-week high of Rs 82.70. Over the past three days, IDFC First Bank has faced consecutive declines, resulting in a total return of -3.88%. Notably, the stock has outperformed its sector by -1.62% today, while the broader market, represented by the Sensex, has also seen a decline of -0.65%.

Despite these fluctuations, the stock remains liquid, with a delivery volume of 3.1 crore shares on November 6, indicating a 30.11% increase compared to the five-day average. Overall, IDFC First Bank's performance today reflects a mix of volatility and investor engagement within the mid-cap banking sector.