This PSU bank stock doubled investors’ money in just nine sessions
The public sector bank has turned into a multibagger stock and has risen from ₹20.8 to ₹40.9 in just nine sessions, delivering 97% return during this period.
The public sector bank has turned into a multibagger stock and has risen from ₹20.8 to ₹40.9 in just nine sessions, delivering 97% return during this period.
After the change of guard at the leading private bank, its stock has witnessed 10 upper and lower circuits in the last five trading sessions.
The markets plunged into the red in response to measures announced by finance minister Nirmala Sitharaman on Budget day. Bank stocks suffered the most, with the BSE Bankex losing over 1,000 points.
A cut in personal tax rates to spur consumption could lift shares of auto, consumer durables, and FMCG companies.
Here’s how the key indices moved in a year marred by a slowing economy, rising crude oil prices, and trade tensions between the U.S.and China. But FPI flows were a bright spot.