Mumbai, November 27 (Udaipur Kiran): Banking stocks moved higher after a private report indicated that the Reserve Bank of India (RBI) may cut interest rates in the upcoming RBI Monetary Policy Committee (MPC) meeting.
Shares of Punjab National Bank were trading at Rs. 125.30, up by 2.25 points or 1.83 per cent from the previous close of Rs. 123.05 on the BSE. The scrip opened at Rs. 123.45 and moved between a high of Rs. 126.10 and a low of Rs. 123.25. A total of 16,39,594 shares were traded on the counter so far.
Axis Bank was trading at Rs. 1,287.85, up by 21.85 points or 1.73 per cent from its previous close of Rs. 1,266.00. The stock opened at Rs. 1,267.05 and touched a high of Rs. 1,293.00 and a low of Rs. 1,267.05. So far, 68,736 shares were traded.
Canara Bank was trading at Rs. 151.20, higher by 2.55 points or 1.72 per cent from its earlier close of Rs. 148.65. The stock opened at Rs. 149.90 and moved between a high of Rs. 152.50 and a low of Rs. 149.00. A total of 6,13,654 shares were traded on the counter.
State Bank of India was trading at Rs. 992.95, up by 9.75 points or 0.99 per cent from its previous close of Rs. 983.20. The scrip opened at Rs. 987.40 and touched a high of Rs. 999.10 and a low of Rs. 986.40. So far, 1,40,078 shares were traded.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
