IDFC to cease trading from October 10 on merger with IDFC First Bank
Sat, Oct 5, 2024 3:04 PM

IDFC to cease trading from October 10 on merger with IDFC First Bank

A Flip by Shubhangi Gupta
Get it on Google Play
IDFC Ltd shares may be in the spotlight next week as shares will be suspended from trading effective October 10, 2024, due to its amalgamation with IDFC First Bank. IDFC shareholders will receive 155 shares of IDFC First Bank for every 100 shares of IDFC. Current F&O contracts will expire on October 9, 2024. The shares of IDFC Ltd closed flat with a positive bias at Rs 109.35 on BSE on Friday.

More great flips

Credit cards: Here are five key myths that need to be busted

Credit cards: Here are five key myths that need to be busted

If you're set to buy a credit card, there are a slew of features that you should be aware of. However, when getting a credit card, it's essential to debunk common myths, including no free money, minimum due traps, cash withdrawal limits, multiple credit cards affecting credit scores, and annual fees. Understanding these myths helps avoid financial pitfalls and make informed credit card decisions.

Open Flip
Jobs-day shocker vindicates great risk rally of 2024

Jobs-day shocker vindicates great risk rally of 2024

The US economy's surprising resilience challenges recession fears, as a report showed the biggest job gains in six months. This sparked market reversals and rethought interest rate bets. Small-cap companies and tech stocks led gains. Continued strong US activity data and expected rate cuts suggest a positive outlook for risk assets, despite inflation concerns.

Open Flip
Sumeet Bagadia recommends three stocks to buy on Monday — October 7, 2024

Sumeet Bagadia recommends three stocks to buy on Monday — October 7, 2024

Sumeet Bagadia, Executive Director at Choice Broking, believes the Indian stock market trend has turned highly bearish after the biggest weekly fall in the Nifty 50 index in CY24. 💰Poonawalla Fincorp: Buy at ₹395, target ₹425, stop loss ₹380 💰BEML: Buy at ₹3664, target ₹3960, stop loss ₹3525 💰Zomato: Buy at ₹275.30, target ₹300, stop loss ₹263.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon