As of 10:52 AM, today, banking stocks were trading in the red, with most stocks showing a downward trend:
- Federal Bank: Down by 1.81%, trading at ₹193.74.
- HDFC Bank: Declined 1.44% to ₹1,688.75.
- ICICI Bank: Fell by 1.15%, trading at ₹1,264.50.
- Yes Bank: Dropped 1.42%, now at ₹18.75.
- Union Bank: Declined 0.98%, trading at ₹111.70.
- Punjab National Bank (PNB): Fell 0.91% to ₹102.17.
- Bank of Baroda: Down by 0.65%, priced at ₹230.96.
- Canara Bank: Declined 0.83%, trading at ₹97.06.
- Central Bank of India: Dropped 0.92% to ₹52.63.
- Indian Overseas Bank (IOB): Fell 1.06%, priced at ₹50.57.
- Bank of India: Down 1.06%, trading at ₹99.15.
- Maharashtra Bank: Declined 1.19%, priced at ₹50.64.
- State Bank of India (SBI): Fell 1.30% to ₹768.60.
- Kotak Mahindra Bank: Down 0.12%, trading at ₹1,769.90.
- Axis Bank: Declined marginally by 0.03%, trading at ₹1,067.15.
- Bandhan Bank: Fell 1.26%, priced at ₹153.03.
The sector faces broad declines amid concerns over market volatility and possible macroeconomic challenges.
Disclaimer: This report is for informational purposes only and should not be considered financial advice. Please consult a financial advisor before making investment decisions