Shares of IDBI bank today rose by over 5 per cent in Wednesday’s trade amid reports that four bidders were looking to get a part of the govt’s stake in the lender. As per reports GIC of Singapore, Asian Development Bank, IFC & Commonwealth Development Corpn are looking stakes in IDBI Bank.  The stock of… Read More

Market indices closed lower on profit booking in late trades to losing streak aided by rebound in FMCG majors and select index heavyweights. The Sensex ended down -248.03 points at 28797.25 and the Nifty50 ended down -85.80 points at 8,866.70. In the broader markets, BSE Midcap ended down 0.99% while the Small cap index ended… Read More