The banking sector displayed a mix of gains and losses in early trading hours today. Here’s a breakdown:
Private Banks:
- Bandhan Bank rose +0.45%, trading at ₹153.13, while IndusInd Bank gained +0.29% to reach ₹973.55.
- HDFC Bank recorded a marginal uptick of +0.09%, trading at ₹1,652.70.
- However, Kotak Mahindra Bank slipped -0.85% to ₹1,904.20, and ICICI Bank was down -0.11% at ₹1,231.55.
Public Banks:
- Among public sector banks, PNB gained +0.41%, trading at ₹101.41, while Bank of India edged up +0.29% to ₹101.96.
- Union Bank added +0.09%, trading at ₹111.73, but SBI saw a decline of -0.56%, trading at ₹774.90.
- Central Bank of India fell -0.63% to ₹54.03, and Indian Overseas Bank (IOB) declined -0.74%, trading at ₹52.13.
The banking sector remains in focus as investors evaluate mixed trends, with notable movement across private and public banks. Further performance updates are anticipated as trading progresses.
Disclaimer: This is for informational purposes only and does not constitute financial advice. Investors are advised to consult their financial advisors before making investment decisions.