India: IDFC Bank shares rise slightly on first day of trade

IDFC Bank, Managing director, Rajiv Lall. Photo: Mint

Shares of IDFC Bank Ltd opened at Rs.70.50 on the National Stock Exchange (NSE) on Friday on its first day of listing.

At 10.31am, the stock was trading at Rs.71.50 apiece, up 1.5% from its opening price, according to NSE. In intra-day trade, the stock touched a high and a low of Rs.73.40 and Rs.70, respectively. Meanwhile, IDFC Ltd, which incorporated IDFC Bank, fell 2.3% to Rs.58.05.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter