IDBI Bank Shows Mixed Performance Amid Sector Gains and Moving Average Trends
IDBI Bank has experienced significant activity, with a notable increase over the past three days. While its stock is above several short-term moving averages, it remains below the 200-day moving average. In the last month, IDBI Bank has outperformed the Sensex, which has seen a decline.
IDBI Bank has shown notable activity today, gaining 3.27% on January 20, 2025, and marking a total increase of 14.51% over the past three days. However, it has underperformed its sector, which has seen a gain of 2.26%, by 1.86%. In terms of moving averages, IDBI Bank's stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, but remains below its 200-day moving average, indicating a mixed performance in the context of longer-term trends.
On a daily basis, IDBI Bank's performance of 3.45% outpaced the Sensex, which recorded a gain of 0.69%. Over the past month, IDBI Bank has achieved a return of 14.29%, contrasting with a decline of 1.14% in the Sensex.
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