Utilize the input text as a context reference, choose the right relationship between stock market and Stock Exchange from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

MUMBAI: Even as the stock market was down 250 points, shares of IDFC rose 4 per cent in intraday trading after the company disclosed to the Bombay Stock Exchange that it has been granted banking licence from the Reserve Bank of India.

Answer: operator