IDBI Bank announced that it is beginning the process of inviting bids through advertisement route for sale of its equity holding in National Stock Exchange (NSE) not aggregating 5% of the equity share capital of NSE to potential investors.
 
Shares of the company declined Rs 0.35, or 0.51%, to settle at Rs 68.80. The total volume of shares traded was 398,258 at the BSE (Monday).

The stock had underperformed the market over the past one month till Dec. 12, 2014, falling 19.03% compared with the Sensex's 2.35% decline. It underperformed the market in past one quarter, declining 10.63% as against 1.07% rise in the Sensex.