Indian stock Market was bearish today, bank stock down

A

aishjoe

Member
Bank Nifty Index declined 100 points. Bank Sector is weak today. The Index touched high of 11793.30 and low of 11656.90. The banking sector down after RBI imposed penalties on ICICI, HDFC and Axis Bank for violating KYC norms.
Shares of Public sector bank PNB and Bank of Baroda have decline 4% because of turning ex-dividend today. PNB board recommended dividend of Rs 27 per share while BOB announced Rs 21 .50 per share for financial year 2012-13.
 
Indian stock market opened negative today continue to trading in bearish mode. Global peers make negative sentiments and weak rupee against dollar impacts negative on market. European market opened positive. Market condition is favorable for Long term investor Stock calls, intraday trading strategy for bearish market.
 
Back
Top