Public sector banks showed mixed performance on the morning of November 29, 2024, as markets experienced varied trends.
Stock Highlights (as of 10:25 AM):
Union Bank of India:
Union Bank gained 1.32%, rising ₹1.61 to trade at ₹123.30, showing positive momentum in an otherwise subdued market for PSU banks.
Bank of India:
The stock slipped 0.22%, losing ₹0.25 to trade at ₹111.65, reflecting mild profit-booking.
State Bank of India (SBI):
SBI saw a decline of 0.36%, falling ₹3.00 to trade at ₹835.85 in early trading hours.
Canara Bank:
The stock fell 0.63%, losing ₹0.65 to trade at ₹102.25.
Bank of Maharashtra:
Bank of Maharashtra was down 0.79%, dropping ₹0.45 to trade at ₹56.35.
Central Bank of India:
Central Bank declined 0.87%, falling ₹0.49 to trade at ₹55.52.
Punjab & Sind Bank:
The stock saw a drop of 1.01%, declining ₹0.51 to trade at ₹49.80.
Bank of Baroda:
Bank of Baroda slipped 0.96%, losing ₹2.40 to trade at ₹246.60.
Punjab National Bank (PNB):
PNB fell 1.15%, dropping ₹1.22 to trade at ₹105.07.
Indian Overseas Bank (IOB):
IOB witnessed a decline of 1.45%, shedding ₹0.79 to trade at ₹53.82.
The PSU banking space remained largely subdued, with Union Bank standing out as a notable gainer amidst broader weakness in the sector.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
