IDFC First Bank Share Target: IDFC First Bank shares are showing sluggishness in Wednesday's trading. At around 3:15 pm on the BSE , the bank's shares are down by Rs 0.43 or 0.57 percent at Rs 74.62. No significant movement has been seen in the shares for the past one month. If we look at the past one year, a downward trend is seen in the shares. After making a high of Rs 100.74 in the last 52 weeks, the shares have come down. If you are stuck at the high level of the shares, then what strategy should you adopt for the shares? Know the expert's opinion ahead.

Feedback for IDFC First Bank

In a conversation with ET Now Swadesh, market expert Dhvani has said that investors can hold on to this stock. Keep the stop loss for the stock at Rs 73.50. He believes that if the stock goes below this level, then the downtrend will begin.

However, if the stock gains momentum and the rate reaches around 78, then exit can be taken at a small loss.

How was the performance of the stock

• It has risen by 73.6 percent in the last 5 years
• This stock has fallen 24.2 percent in one year
• The stock has weakened 15 per cent so far in 2024
• It has come down by 9 percent in 6 months

Disclaimer: The equity market is risky, so invest at your own risk. Before investing, take expert advice. The advice given here is based on the report of ET Now Swadesh and the opinion on the stock is based on the information given to ET Now Swadesh by market experts. Times Now Navbharat.com is not giving any advice on investment.