Latest News
-
Rs 17/Share Dividend: Record Date On April 26; Buy The ICICI Group Stock To Be Eligible? -
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY
For Daily Alerts
Nifty PSU Bank Touches All-Time Low As 12 Of 13 Stocks On The Index Touch 52-Week Lows
Amid a massive decline in stock markets due to increased fears of coronavirus fears, NSE's Nifty PSU Bank Index fell over 10 percent to touch an all-time low of 1,470.55 points. All 13 public sector banks on the index were in red on Thursday, with Canara Bank being the biggest loser with over 13 percent drop.
State Bank of India, Bank of India, Punjab National Bank, Indian Bank, Union Bank, Bank of Baroda and Jammu & Kashmir Bank were also trading with over 10 percent losses in share value to touch new 52-week lows. In fact, all the stocks on the index except Bank of Maharashtra touched 52-week lows on Thursday.
| Bank | New 52-week low (Rs) |
|---|---|
| SBI | 218.2 |
| Indian Bank | 55.05 |
| PNB | 33.1 |
| Bank of India | 34.2 |
| Union Bank of India | 29.15 |
| Bank of Baroda | 58.3 |
| Uco Bank | 10.75 |
| IOB | 7.85 |
| Punjab & Sind Bank | 11.6 |
| J&K Bank | 14.4 |
| Canara Bank | 100.6 |
| Central Bank | 12.65 |
More From GoodReturns
