IDFC First Bank Faces Continued Stock Decline Amid Broader Market Gains

IDFC First Bank has experienced a notable decline of 3.0% on March 28, 2025, continuing a downward trend that has seen the stock fall for four consecutive days, resulting in a total drop of 4.54% during this period. The stock is currently trading 4.8% above its 52-week low of Rs 52.6, having reached an intraday low of Rs 55.1 today.
In terms of performance metrics, IDFC First Bank has underperformed compared to the broader market, with a 1-day performance of -3.04% against the Sensex's decline of 0.46%. Over the past week, the bank's stock has decreased by 1.90%, while the Sensex has gained 0.45%. The one-month performance shows a significant drop of 5.49% for IDFC First Bank, contrasting with the Sensex's increase of 5.53%.

Additionally, IDFC First Bank is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Over the past year, the stock has declined by 26.74%, while the Sensex has risen by 4.88%.