The market may see rangebound trading until it decisively surpasses and sustains Tuesday's high. Below are some short-term trading ideas to consider.
While the top 3 private lenders HDFC Bank, ICICI Bank, and Axis Bank have stayed steady for over a decade, most of the action in the pecking order has been in the mid-tier where banks have swapped ranks in a tight contest
Rangebound trading is expected to continue in the upcoming sessions. Below are some short-term trading ideas to consider.
The IndiGo IDFC FIRST Credit Card offers rewards in IndiGo BluChips, travel perks, and insurance covers, but has limitations like lack of lounge access and low returns on spends
Stocks to Watch, 11 August: Stocks like Tata Motors, IDFC First Bank, Manappuram Finance, Power Mech Projects, Entero Healthcare Solutions, Voltas, Siemens, RBL Bank, DCW, Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation will be in focus on August 11.
While Currant Sea’s board nominee has not yet been disclosed, this marks a significant change in shareholder sentiment from May 2025, when a similar resolution was voted down.
ICICI Securities is bullish on IDFC FIRST Bank has recommended buy rating on the stock with a target price of Rs 80 in its research report dated July 27, 2025.
IDFC First Bank’s Q1 net profit fell 32 percent to Rs 462.6 crore for the June quarter, weighed down by microfinance slippages and rising bad loans.
Stocks to Watch Today, 28 July: Stocks like Kotak Mahindra Bank, Central Depository Services, Balkrishna Industries, Orient Cement, Tata Chemicals, Poonawalla Fincorp, VA Tech Wabag, RITES, Sigachi Industries, and Ola Electric Mobility will be in focus on July 28.
The total income rose to Rs 11,869 crore during the June quarter of 2025-26 from Rs 10,408 crore in the same quarter of FY25, IDFC First Bank said in a regulatory filing
Stocks to Watch, 21 July: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, JSW Steel, IDFC First Bank, Dr Reddy's Laboratories, IRCON International, Sona BLW Precision Forgings, Anthem Biosciences, and Spunweb Nonwoven will be in focus on July 21.
UBS initiated coverage with a neutral rating and flagged high credit costs and operational expenses as medium-term challenges for growth and profitability
The frontline indices are expected to see more consolidation with a negative bias in case the 10-day EMA is broken. Below are some short-term trading ideas to consider.
IDFC First Bank shares hit an intraday high of Rs 77.39 apiece, the highest level seen by the stock is nearly 11 months.
The combination of RBI’s rate cut, strong technical breakouts, and sector leadership puts banking stocks, particularly HDFC Bank and IDFC First Bank, in a sweet spot.
On Monday, IDFC First Bank disclosed the results of the postal ballot to the stock exchanges, showing that only 64.10 percent of the shareholders were in favour of the resolution, while 35.90 percent votes were against it. Under Company Law, a special resolution is passed if the proposal gets at least 75 per cent of votes in favour of it.
The special resolution, which required at least 75 percent of votes in favour to pass, received only 64.10 percent approval, the filing says
A healthy deposit growth has been a good anchor for IDFC First Bank
Motilal Oswal recommended Neutral rating on IDFC First Bank with a target price of Rs 72 in its research report dated April 27, 2025.
Anand Rathi is bullish on IDFC First Bank has recommended buy rating on the stock with a target price of Rs 77 in its research report dated April 27, 2025.
Stocks to Watch, 28 Apr: Stocks like Sasken Technologies, SBFC Finance, Mangalore Refinery and Petrochemicals, Bhansali Engineering Polymers, Rossari Biotech, Zensar Technologies, L&T Finance, Force Motors, Lloyds Metals and Energy, Poonawalla Fincorp, Mahindra Holidays & Resorts India, Tata Technologies, and DCB Bank will be in focus on April 28.
For the full financial year FY25, net profit stood at Rs 1,525 crore, down 48.4 percent year-on-year
ICICI Securities is bullish on IDFC FIRST Bank recommended buy rating on the stock with a target price of Rs 75 in its research report dated April 19, 2025.
'It is great to have Warburg Pincus back and to welcome a wholly-owned subsidiary of ADIA as our shareholder,' says the lender's CEO Vaidyanathan
Motilal Oswal recommended Neutral rating on IDFC First Bank with a target price of Rs 70 in its research report dated January 26, 2025.