India's IDBI Bank, Shipping Corp, Container Corp pare gains on report of plans to shelve privatisation sales

IDBI Bank

18/03/2026 10:20

** Shares of IDBI Bank IDBI.NS, Shipping Corp of India SCI.NS and Container Corp of India CCRI.NS pare gains to close 1.2% to 1.5% higher

** The pullback follows a Reuters report that India is considering shelving planned privatisation sales due to weak investor appetite, citing two government sources

** Container Corp, which was up 1.8% ahead of the report, trimmed gains to 0.7% before closing 1.4% higher

** Shipping Corp and IDBI Bank, which were up 1.8% and 2%, settled 1.5% and 1.1% higher, respectively

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))