IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?

IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. The bank reported strong Q2FY27 business growth, while JM Financial highlighted loan growth, deposit mobilisation and margin pressures across the banking sector.

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