SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.

Blog

PSU bank

PSU Bank Index falls 2%; Bank of India top loser

The Nifty PSU Bank Index extended losses for the second consecutive session. The PSU banking index was down 2.3%. The other top losers included Bank of India, Canara Bank, IDBI Bank and Union Bank. On April 20, the RBI released the minutes of the monetary policy meeting, which sounded a bit hawkish as compared to the outcome of the meeting.

Bank of India is currently trading at Rs101.85, down by Rs7.15 or 6.56% from its previous closing of Rs109 on the BSE.

Canara Bank is currently trading at Rs263.20, down by Rs15 or 5.39% from its previous closing of Rs278.20 on the BSE.

Union Bank of India is currently trading at Rs91.55, down by Rs5.1 or 5.28% from its previous closing of Rs96.65 on the BSE.

IDBI Bank Ltd is currently trading at Rs67, down by Rs3.15 or 4.49% from its previous closing of Rs70.15 on the BSE.

Punjab National Bank is currently trading at Rs93.35 down by Rs2.75 or 2.86% from its previous closing of Rs96.10 on the BSE.

State Bank of India is currently trading at Rs241.10 down by Rs5.15 or 2.09% from its previous closing of Rs246.25 on the BSE.