Indian banking stocks rose after a private report stated that RBI likely to cut interest rate in upcoming RBI MPC meeting.
Punjab National Bank is currently trading at Rs. 125.30, up by 2.25 points or 1.83% from its previous closing of Rs. 123.05 on the BSE. The scrip opened at Rs. 123.45 and has touched a high and low of Rs. 126.10 and Rs. 123.25 respectively. So far 1639594 shares were traded on the counter.
Axis Bank is currently trading at Rs. 1287.85, up by 21.85 points or 1.73% from its previous closing of Rs. 1266.00 on the BSE. The scrip opened at Rs. 1267.05 and has touched a high and low of Rs. 1293.00 and Rs. 1267.05 respectively. So far 68736 shares were traded on the counter.
Canara Bank is currently trading at Rs. 151.20, up by 2.55 points or 1.72% from its previous closing of Rs. 148.65 on the BSE. The scrip opened at Rs. 149.90 and has touched a high and low of Rs. 152.50 and Rs. 149.00 respectively. So far 613654 shares were traded on the counter.
State Bank of India is currently trading at Rs. 992.95, up by 9.75 points or 0.99% from its previous closing of Rs. 983.20 on the BSE. The scrip opened at Rs. 987.40 and has touched a high and low of Rs. 999.10 and Rs. 986.40 respectively. So far 140078 shares were traded on the counter.
