IDFC First Bank Stock: Last Day’s Performance and Latest Updates
In the world of finance, keeping a close eye on stock performance is crucial. For investors and traders, understanding the recent movements of stocks like IDFC First Bank is essential.
IDFC First Bank’s Last Day Performance
On the final trading day, IDFC First Bank’s stock opened at ₹95.32 and closed at ₹93.44. The stock experienced a high of ₹98.47 and a low of ₹94.62. Over the past 52 weeks, the stock reached a high of ₹95.54 and a low of ₹45.6. Impressively, the stock saw a trading volume of 5,126,171 shares on the Bombay Stock Exchange, indicating active market participation. IDFC First Bank’s current market capitalization stands at ₹64,495.71 crore.
Options Activity: Call and Put
For investors interested in options trading, understanding call and put options is crucial. Let’s take a look at the top active call and put options for IDFC First Bank as of September 5, 2023:
Top Active Call Options:
- Strike Price: ₹100.0 (Expiry: 28 SEP 2023)
- Price: ₹1.4 (-22.22%)
- Strike Price: ₹95.0 (Expiry: 28 SEP 2023)
- Price: ₹2.8 (-21.13%)
Top Active Put Options:
- Strike Price: ₹90.0 (Expiry: 28 SEP 2023)
- Price: ₹1.0 (-5.26%)
- Strike Price: ₹85.0 (Expiry: 28 SEP 2023)
- Price: ₹0.3 (-14.29%)
Stock Price Updates
The latest stock price updates for IDFC First Bank reveal that on September 5, 2023, the stock’s low was ₹97.68, and the high was ₹100.74. At the time of writing, the stock was trading at ₹97.85, indicating a decrease of -0.61% from the previous day’s closing price of ₹98.45. The net change was -0.6, suggesting a slight decline in the stock price.
Futures Trading
For those involved in futures trading, it’s important to note that IDFC First Bank September futures opened at 96.25, compared to the previous close of 95.8. Currently, the stock is trading at a spot price of 97.9. 195,000 shares are being offered at the bid price of 94.7, while 135,000 shares are being offered at the offer price of 94.75. The open interest stands at 257,595,000.
Stock Peers Comparison
To gain a broader perspective, let’s compare IDFC First Bank’s stock with its peers:
- IDBI Bank: ₹69.4 (+6.83%)
- Union Bank Of India: ₹89.25 (+1.39%)
- IDFC First Bank: ₹97.9 (-0.56%)
- Canara Bank: ₹334.9 (-0.53%)
- Indian Overseas Bank: ₹32.13 (+1.32%)
These comparisons provide valuable insights into how IDFC First Bank fares against its industry counterparts.
Conclusion
As we wrap up our analysis, it’s clear that tracking IDFC First Bank’s performance is essential for investors and traders alike. The stock’s recent performance, options activity, and comparisons with peers shed light on its current status in the market. Keeping a watchful eye on these factors can guide informed financial decisions in the dynamic world of stock trading.
