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NSE:IDBI 5 February 2026

IDBI Bank shares rally again as privatisation bid deadline hits; analyst flags ₹130 target

IDBI Bank shares rally again as privatisation bid deadline hits; analyst flags ₹130 target

IDBI Bank shares rose 2% to 111.57 rupees Thursday, outperforming a falling Nifty 50, as investors eyed the government's 60.7% stake sale. The deadline for financial bids is set for Feb. 5, with Fairfax, Emirates NBD, and Kotak Mahindra Bank cleared to bid. Trading volumes spiked Wednesday, with 41.5 million shares exchanged. Employee unions have urged the government to reconsider selling to private or foreign buyers.
5 February 2026
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Stock Market Today

  • US Stocks Rise on March 18 Despite Middle East Tensions and High Oil Prices
    March 18, 2026, 8:26 AM EDT. U.S. stock markets closed higher on March 18, 2026, ignoring elevated crude oil prices amid ongoing Middle East conflict. The Dow Jones Industrial Average edged up 0.1% to 46,993.26, while the Nasdaq Composite gained 0.5%, boosted by tech giant Western Digital's 9.6% jump. The S&P 500 rose 0.3%, with all 11 sectors advancing. The CBOE Volatility Index (VIX), a measure of market fear, dropped 4.9% to 22.37. Despite geopolitical tensions and oil supply disruptions, investors awaited the Federal Reserve's interest rate decision from its FOMC meeting. Market consensus heavily favors stable rates between 3.5-3.75%, with only mild probability of a hike.
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