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Punjab National Bank eases for fifth straight session

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The stock is quoting at Rs 65.55, down 0.68% on the day as on 13:19 IST on the NSE. Punjab National Bank tumbled 62.1% in last one year as compared to a 2.05% rally in NIFTY and a 3.25% spurt in the Nifty Bank index.

Punjab National Bank dropped for a fifth straight session today. The stock is quoting at 65.55, down 0.68% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.5% on the day, quoting at 10533.35. The Sensex is at 35148.11, down 1.47%.Punjab National Bank has eased around 7.02% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has increased around 2.71% in last one month and is currently quoting at 26594.3, down 1.36% on the day. The volume in the stock stood at 105.98 lakh shares today, compared to the daily average of 178.2 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 65.7, down 0.9% on the day. Punjab National Bank tumbled 62.1% in last one year as compared to a 2.05% rally in NIFTY and a 3.25% spurt in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 10 2018. 13:35 IST
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