IDFC First bank stock has been locked in lower circuit (15% down) on account of following IDFC First Bank has reported a fraud totaling ₹590 crore at its Chandigarh branch, involving accounts linked to the Haryana government. The bank has suspended four employees and is appointing an independent external agency to conduct a forensic audit. This is matter is going on and this will take time for the clarity. Hence better to stay from this stock for now. Let this stock settle down first and we will evaluate what is to be done in this. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

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