 "PNB Housing Finance locks-in 20% upper circuit, What's next?")
Any news flow, whether positive or negative, around a particular company not only affects price movement of the related stock but also that of its peer group firms. Shares of PNB Housing Finance, for instance, were locked in the upper circuit of 20 per cent at Rs 525.20, also its 52-week high on the BSE on Monday, after the company board approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to the Carlyle Group Inc. READ ABOUT IT HERE
Effectively, those of Punjab National Bank gained over 2 per cent on the BSE to
