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IDBI Bank surges 17% on heavy trade as privatization speculation heats up

MUMBAI, June 18, 2026, 03:36 IST IDBI Bank jumped on Wednesday, with strong trading volumes pulling the LIC- and government-backed lender back into focus among India’s privatisation names. The move fueled talk that New Delhi could still act on the shelved sale. IDBI jumped 12% to ₹86.25 by early afternoon as trading volumes spiked more than three times, with 69.7 million shares traded across NSE and BSE, Business Standard said. After the close, the stock stood near ₹90.4, putting it among the stronger movers in banking for the day. (Business Standard) The timing is key here. IDBI has been trading

The post IDBI Bank surges 17% on heavy trade as privatization speculation heats up appeared first on India Stocks Daily.

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