IDBI Bank share price crashes 6% but LIC is up 1% - Prem Watsa-led Rs.52,877 crore Fairfax deal decoded for investors
IDBI Bank stake sale, Oct. 15 -- IDBI Bank share price crashed over 6.57% in Thursday's trading session after government's decision to sell over 60.72% stake in the bank to Canada's Fairfax Financial Holdings.
IDBI Bank shares opened at Rs.89.86 per share on NSE today, as compared to previous close of Rs.90.39 on Wednesday.
Meanwhile, LIC share price rose nearly 1% on 14 October, touching an intraday high of Rs.401.90 on NSE.
More to come..
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