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PNB Stock Plummets in Today’s Trading Session

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3 months ago

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The Punjab National Bank (PNB) stock witnessed a significant decline in today’s trading session, causing concern among investors and market analysts. The stock opened at ₹127.8 and experienced a volatile trading day, reaching a high of ₹127.8 and a low of ₹125.45 before closing at ₹128.5.

With a market capitalization of ₹138,463.52 crore, PNB’s performance on the stock market has been closely monitored by industry experts. The stock has a 52-week high of ₹142.9 and a 52-week low of ₹49.7, reflecting the fluctuations in its price over the past year.

During today’s trading session, PNB’s trading volume stood at 1,681,872 shares on the BSE, indicating a relatively active day for the stock in terms of market participation. The stock’s performance has also been compared to its peers in the banking sector.

While PNB faced a downturn, other banking stocks such as Kotak Mahindra Bank, Bank Of Baroda, and Indian Overseas Bank exhibited mixed performance. Kotak Mahindra Bank experienced a slight decrease, while Bank Of Baroda and Indian Overseas Bank saw an increase in their stock prices.

Furthermore, the benchmark indices Nifty and Sensex recorded marginal changes during today’s trading session. Nifty witnessed a decline of -0.1%, while Sensex recorded a modest increase of 0.08%, indicating overall market trends.

Rachel Adams

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