Tuesday 14 February 2017

Ways2Capital : Nifty PSU Bank Movers and Shakers

Posted by suhani varma on Tuesday, February 14, 2017 with No comments

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NIFTY PSU Bank is trading in green up by 0.24% or 8.05 points at 3320.50 levels.Compared to other sectoral indices Nifty PSU Bank is the only index gaining in the trade. Following are the NIFTY PSU Bank movers and shakers in the early morning hours: -

Orient Bank is up by 1.52%, Punjab National Bank is up by 1.26%, Union Bank is up by 0.55%, Syndicate Bank is up by 0.51%, Bank of India is up by 0.50%, Bank of Baroda up by 0.44%.

Allahabad bank is down by 0.14%, Andhra Bank is down by 0.27%, IDBI bank is down by 0.31% and Canara Bank down by 0.66%.

Punjab National Bank is currently trading at Rs 143.8, up by Rs 1.4 or 0.98% from its previous closing of Rs 142.4 on the BSE. The scrip opened at Rs 142.95 and has touched a high and low of Rs 144.6 and Rs 142.1 respectively. So far 3557323(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 30302.27 crore.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 164.3 on 11-Nov-2016 and a 52 week low of Rs 69.4 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs 155.6 and Rs 140 respectively.

The promoters holding in the company stood at 65.01 % while Institutions and Non-Institutions held 28.72 % and 6.27 % respectively. The stock is currently trading above its 100 DMA.    


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