The Centre is likely to relaunch the privatisation of IDBI Bank from the beginning after financial bids fell short of the reserve price, leading to the cancellation of the process last week, the Economic Times reported, citing people familiar with the matter.A ministerial panel overseeing the disinvestment is expected to be briefed soon and will take a final decision, though early indications sugg...

Shares of IDBI Bank fell as much as 16 percent in early trade on Monday after reports that the government may scrap the ongoing strategic sale process for the lender because the bids received were below its minimum price expectation. IDBI Bank stock dropped to Rs 77.66 in morning trade, reacting to reports over the weekend that the government is set to halt the long-running privatisation effort.Ac...

The benchmark indices saw pressure at higher levels in the later part of the session and closed flat with a positive bias on January 16, with weak market breadth. A total of 1,675 shares declined against 1,233 advancing shares on the NSE. Consolidation with rangebound trading may continue for a few more sessions. Below are some short-term trading ideas to consider:Rajesh Palviya, Senior Vice Presi...

The benchmark indices rallied seven-tenths of a percent to hit a new closing high on January 2, with strong market breadth. About 2,034 shares saw buying interest compared to 830 declining shares on the NSE. Overall, the trend may remain positive despite intermittent consolidation and minor profit booking. Below are some short-term trading ideas to consider:Rajesh Palviya, Senior Vice President Re...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, fund raising, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayM & B Engineering, Valecha Engineering, and White Organic Retail will release their quarterly earnings on August 25.Stocks to WatchNifty 50 RejigInterGlobe...