In observance of Bakri Eid, the stock market will be closed for trade on Monday, June 17. All categories, including stocks, derivatives, and SLBs, are included in this closure. The official website of the BSE states that regular trading will resume on Tuesday, June 18.
Buy PSU Bank Stock for 3-Month Gain : ICICI Direct's Recommendation
Indian benchmark indices concluded the day on a strong note on Friday, June 14, with Nifty setting a new record high. The Nifty was up 66.70 points, or 0.29 percent, at 23,465.60, while the Sensex was up 181.87 points, or 0.24 percent, at 76,992.77.
In observance of Bakri Eid, the stock market will be closed for trade on Monday, June 17. This conclusion includes all sectors, including SLBs, derivatives, and stocks. The official website of the BSE states that regular trading will resume on Tuesday, June 18.
On Tuesday, June 18, the market will reopen.
Brokerage ICICI Direct has advised adding this PSU bank shares to your portfolio for a three-month period, in the interim. Let’s examine the target price and halt the stock’s decline.
Purchasing PSU Bank stock
For around three months, purchasing State Bank of India (SBI) shares has been advised by ICICI Direct.
SBI: Target for share price
The brokerage recommended purchasing within the Rs 825-845 price range. A stop loss of Rs 788 and a target price of Rs 945e each have been provided.
Results for SBI Q4FY24, Buy PSU Bank Stock for 3-Month Gain
The bank released its January–March financial results. a net profit of Rs 20,698.35 crore on its own. A year prior, the bank declared a net profit of Rs 16,694.51 crore for the same quarter.
The lender’s Net Interest Income (NII) increased to Rs 41,655 at the end of the March quarter from Rs 40,393 crore during the same period in the previous fiscal year, a 3.13 percent year-over-year increase. Continue reading
History of SBI share prices
Over the past year, the stock has produced strong returns. In a year, the stock increased by more than 45%. Over the past six months, the stock has increased by 35%. Thirteen percent was the return after three months. In the most recent one, the stock has returned almost 3%. month. The stock on the BSE has a 52-week high of 912.1 and a low of 543.2. The company has a market capitalization of around Rs 7,49,845 crore. Read more post…
Account opning link:
- Groww Account- https://app.groww.in/v3cO/kyrp1zph
- Kotak neo Account https://kotaksecurities.ref-r.com/c/i/32531/109103906
Table of Contents
My name is Nitesh kumar and i am a Engineer but i have passionate in blogging, so these website updates day to day publish in stocks news and ipo’s and business related news update.
“Stock24News.com is your premier source for real-time financial updates and market insights. Stay informed with our expert analysis and comprehensive coverage of global stock trends.”
Thanks for your visiting in stock24news.com