Stock market today: PNB to ICICI Bank — these 5 financial stocks hit 52-week high. Do you own any of them?
Stock market today: Despite Bank Nifty index losing over 100 points during Tuesday deals, some banking and financial stocks have attracted buying interest of Dalal Street bulls and have hit a new 52-week high. Shares of Punjab National Bank (PNB), ICICI Bank, Suryoday Small Finance Bank, Can Fin Homes and Ujjivan Financial Services are one of them. These fie financial shares have hit a new 52-week high today despite selling pressure at Bank Nifty today.
Here we list out full details in regard to these five financial stocks that have scaled to 52-week high during Tuesday deals: 1] Punjab National Bank: PNB share price today opened with an upside gap and went on to hit intraday high of ₹6..25 apiece on NSE, which is a new 52-week high of this PSU bank share. The PSU bank stock has been in uptrend for last one year. In last one year, PNB stock has almost doubled its long term positional investors money by delivering to the tune of around 97 per cent return in this time.
In last one month, PNB share price has delivered around 20 per cent return to its shareholders. However, the stock has given upside in recent sessions after remaining in base building mode from January 2023 to June 2023. 2] ICICI Bank: Share price of this private bank attracted strong buying interest since early morning session and climbed to intraday high of ₹987.95 per share levels on NSE, which turned out to be its new all-time high.
ICICI Bank share price today opened with an upside gap and further extended its morning gains. In last one year, ICICI Bank share price has shot up from around ₹772 to ₹987.95 apiece levels, logging more than 25 per cent rise in this time. 3] Can Fin Homes: Share price of this financial company witnessed buying interest
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