IDBI Bank spurted over a per cent to touch a high of Rs 69.50 on plans of selling its 5 per cent stake in NSE.
According to a release issued by the bank to the BSE, the bank plans to sell the 5 per cent stake in NSE, which is part of non-core banking activity by inviting bids through the advertisement route in due course.
The stock is now up 0.7 per cent at Rs. 69. The counter has seen trades of around 70,000 shares so far on the BSE.
Meanwhile, the Sensex has slumped 247 points to 27,072.
According to a release issued by the bank to the BSE, the bank plans to sell the 5 per cent stake in NSE, which is part of non-core banking activity by inviting bids through the advertisement route in due course.
The stock is now up 0.7 per cent at Rs. 69. The counter has seen trades of around 70,000 shares so far on the BSE.
Meanwhile, the Sensex has slumped 247 points to 27,072.
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