The Nifty PSU Bank Index was under pressure during early trading hours on Wednesday as the index declined by 0.85%. PNB was the top loser and was down by over 1.5%.
Punjab National Bank is currently trading at Rs171.4, down by Rs3.4 or 1.95% from its previous closing of Rs174.8 on the BSE. The scrip opened at Rs175 and has touched a high and low of Rs175.05 and Rs170.65, respectively.
Canara Bank is currently trading at Rs358.1, down by Rs5.5 or 1.51% from its previous closing of Rs363.6 on the BSE. The scrip opened at Rs360.6 and has touched a high and low of Rs365.4 and Rs356.65, respectively.
Bank of India is currently trading at Rs167.4, down by Rs2.8 or 1.65% from its previous closing of Rs170.2 on the BSE. The scrip opened at Rs172.85 and has touched a high and low of Rs172.85 and Rs166.9, respectively.
IDBI Bank Ltd is currently trading at Rs61.85, down by Rs1.3 or 2.06% from its previous closing of Rs63.15 on the BSE. The scrip opened at Rs63 and has touched a high and low of Rs63.6 and Rs61.5, respectively. The board of IDBI Bank will meet Jan 15 to consider raising capital by way of preferential allotment of shares to the central government.
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