Bank of Baroda hits 52-week low on bourses

By Religare
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    Shares of Bank of Baroda continued its losing streak on Thursday and dipped over 2 per cent on the Bombay Stock Exchange.

    The traders reacted to Central Bureau of Investigation (CBI) report which stated that it had registered four more cases against eight persons in connection with the Srijan scam.

    Bank of Baroda hits 52-week low on bourses
    Bank of Baroda: Quotes, News
    BSE 110.40BSE Quote5.05 (-4.57%)
    NSE 110.20NSE Quote5.15 (-4.67%)
     

    Extending previous session losses, stocks of the bank declined as much as 2.50 per cent and touched an intra-day low of Rs 122.35 apiece on the Bombay Stock Exchange.

    In a similar trend, shares of the lender were trading 1.80 per cent lower at Rs 122.85 apiece on the National Stock Exchange.

    Meanwhile, the broader benchmark BSE Sensex was trading at 35,500.54, down 46.79 points, or 0.13 per cent at 11:50 hours.

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