IDFC First Bank's Stock Price Declines by -4.9% and Receives 'Sell' Call from MarketsMOJO.

IDFC First Bank, a largecap private bank, has seen a decline in its stock price by -4.9% on October 28, 2024. This has led to a 'Sell' call by MarketsMOJO. The stock opened with a loss of -7.52% and touched an intraday low of Rs 59.24, which is also its new 52-week low. The stock has been on a downward trend for the last 2 days and has fallen by -8.02% during this period.

IDFC First Bank's performance today has underperformed the sector by -5.11%. The bank is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.

In comparison to the overall market performance, IDFC First Bank has underperformed the Sensex by -5.04% in the last 1 day and -16.12% in the last 1 month. This shows a significant decline in the bank's stock price.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of IDFC First Bank. As a largecap private bank, IDFC First Bank's stock performance is closely watched by investors and analysts.