Continued worries about weakening economic growth at a time when parliament proceedings remain deadlocked, has dragged banking index lower in today's trading session again. Meanwhile, street is widely expecting India's economy to have grown 5.3 percent in the April-June quarter, unchanged from January-March quarter. GDP data is due to be released on August 31,2012.
Federal Bank is currently trading at Rs 401.65, down by 12.85 points or 3.10% from its previous closing of Rs 414.50 on the BSE. The scrip opened at Rs 406.90 and has touched a high and low of Rs 406.90 and Rs 400.40 respectively. So far 10578724 shares were traded on the counter.
Union Bank of India is currently trading at Rs 152.40, down by 2.50 points or 1.61% from its previous closing of Rs 154.90 on the BSE. The scrip opened at Rs. 155.20 and has touched a high and low of Rs. 155.50 and Rs. 151.30 respectively. So far 77461 shares were traded on the counter.
Axis Bank is currently trading at Rs. 1013.65, down by 25.25 points or 2.43% from its previous closing of Rs. 1038.90 on the BSE. The scrip opened at Rs. 1042.00 and has touched a high and low of Rs. 1042.00 and Rs. 1010.70 respectively. So far 122780 shares were traded on the counter.
ICICI Bank is currently trading at Rs 922.75, down by 12.70 points or 1.36% from its previous closing of Rs 935.45 on the BSE. The scrip opened at Rs 935.10 and has touched a high and low of Rs 939.90 and Rs 919.10 respectively. So far 164223 shares were traded on the counter.
| Company Name | CMP |
|---|---|
| HDFC Bank | 771.50 |
| ICICI Bank | 1254.90 |
| Axis Bank | 1266.55 |
| Kotak Mahindra Bank | 373.60 |
| Indusind Bank | 912.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: