New Delhi, Oct. 16 -- IDBI Bank-Fairfax Stake Sale | IDBI Bank share price target: Shares of IDBI Bank witnessed a sharp sell-off on Thursday after the announcement of the Government of India (GoI) and LIC offloading their shareholding in IDBI Bank to Prem Watsa-famed Fairfax. In this IDBI Bank's stake sale, the Indian Union Cabinet approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings for Rs.52,878 crore, valuing the IDBI Bank shares at Rs.81 apiece. However, the banking stock saw some value buying during the Opening Bell. IDBI Bank's share price today opened at Rs.83.70 per share, edging higher against the previous day's close of Rs.83.45 per share, and touched an intraday high of Rs.84.10 per share. However, th...