IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

Shares of IDFC First Bank rose on Thursday after the lender cut savings account interest rates by up to 200 basis points and reshuffled balance slabs from Jan. 9. The stock was up nearly 2% at about 86 rupees by 10:45 a.m. IST, after climbing around 3% from the day’s low. Moneycontrol

Stock Market Today: Nifty 50 Closes Above 26,000 on NSE, Bank Nifty Hits Record High – Full Round‑Up for 17 November 2025

Stock Market Today: Nifty 50 Closes Above 26,000 on NSE, Bank Nifty Hits Record High – Full Round‑Up for 17 November 2025

Mumbai, 17 November 2025 – The National Stock Exchange of India kicked off the new trading week on a strong note as benchmark indices extended their winning streak to a sixth consecutive session. The Nifty 50 reclaimed and closed above the psychologically important 26,000 mark, while the Bank Nifty scaled a fresh record high, underscoring broad-based optimism across Indian equities. Business Standard+2Moneycontrol+2
IDFC First Bank Stock Soars 7% After Profit Surge – What’s Next for its Share Price?

IDFC First Bank Stock Soars 7% After Profit Surge – What’s Next for its Share Price?

IDFC First Bank’s stock has been on a tear, soaring about 7% in a single session after the lender delivered stellar Q2 FY2025-26 results. On October 20, the share price hit approximately ₹77 – its highest level in nearly 11 months – as investors cheered a 75% jump in quarterly profitmoneycontrol.com. This upbeat earnings surprise sparked a rally that far outpaced the broader market and peer banks. In fact, IDFC First was the top gainer among major private lenders following the Q2 results: its ~5–7% surge on the day eclipsed gains in Yes Bank and HDFC Bank, while ICICI Bank’s shares fell ~2.5% despite that bank posting profit growthlivemint.com. The exuberant reaction has brought IDFC First’s stock within touching distance of its 52-week high of around ₹78.5business-standard.combusiness-standard.com, prompting investors to ask – what’s driving this bank’s outperformance, and can it continue?
21 October 2025