IDFC share are down by -0.27%, Nifty up by 1.48%

IDFC Share Price Today on : At 20 Sep 16:00 today, IDFC shares are trading at price ₹110, -0.27% down from the previous closing price. Sensex is trading at ₹84544.31, up by 1.63%. The stock has hit a high of ₹111.7 and a low of ₹109.55 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹111.05, ₹112.45, & ₹113.21, whereas it has key support levels at ₹108.89, ₹108.13, & ₹106.73.

Till 4 PM today, the volume traded on NSE & BSE for IDFC was 161.24% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, While the stock is exhibiting preliminary indications of a trend reversal following a significant downtrend, continued monitoring is advised..

From a fundamental analysis perspective, the company has a ROE of 8.37% .The current P/E of the stock is at 20.37 .

The MF holding has increased from 3.61% in march to 3.69% in the june quarter.

The FII holding has decreased from 20.99% in march to 20.82% in the june quarter.

IDFC share price down -0.27% today to trade at ₹110 while its peers are mixed. Its peers such as are falling today, but its peers Aditya Birla Sun Life AMC, Indian Energy Exchange, UTI Asset Management Company, Anand Rathi Wealth are on the rise. Overall, benchmark indices Nifty & Sensex are up 1.48% & 1.63% each respectively.