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IDFC First Bank Share Price: Following mixed December quarter earnings and not so optimistic brokerage view, shares of IDFC First Bank fell over 5% to the day's low of Rs 82.80 on the NSE on Tuesday. While BofA recommended an underperform rating on the stock, domestic brokerages Motilal Oswal and Nuvama held 'Neutral' and 'Hold' views respectively.
The big bank's second-quarter numbers quietly confirm BofA is on the defensive.
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Goldman Sachs is considering deep cuts to employees' bonus pools this year, and it could set off a wave of defections.
» The next wave of stimulus will drive another surge of retail investing in the stock market, Bank of America says The next wave of stimulus will drive another surge of retail investing in the stock market, Bank of America says Emily GraffeoFeb 17, 2021, 01:02 IST Robinhood is hugely popular among day traders, putting it at the center of the GameStop frenzyJustin Sullivan/Getty Images The next round of stimulus aid will drive another surge of retail investing, Bank of America said. BofA data shows the last two spikes in trading app downloads coincided with the receipt of stimulus checks. A...