PNB, ICICI Bank, SBI Are among the Most Traded Stocks
On the National Stock Exchange, in morning trade on Wednesday, it was seen that the Punjab National Bank along with ICICI Bank and State Bank of India were among the most traded stocks. It was noted that on Wednesday, March 07, 2018, the number of shares traded of PNB were 1.16 crore, while that of ICICI Bank and SBI are 1.01 crore and 0.49 crore respectively. Apart from these banks, there are other stocks which are also in great demand. Some of them are SAIL, Hindalco Industries, Bank of Baroda, Tata Motors, ITC, JSW Steel etc.
On Wednesday, it was also noted that the Benchmark indices registered a negative opening, tracking global signals. After the fraud case of Nirav Modi, traders are more concerned about ICICI Bank and Axis Bank.
It is observed that the NSE Nifty50 index was down 30 points at 10,219 level. On the other side, the BSE Sensex was 78 points down at 33,239 level in the morning session. If we talk about the stocks, then 18 stocks were trading in the green among the 50 stocks in the Nifty50 index. Rest 32 stocks were in red.
Today, among the top gainer stocks are HCL Tech, Zee Entertainment, Tech Mahindra, TCS and Wipro. If we talk about the top losers the Hindalco Industries, ICICI Bank, Adani Ports SEZ, Indiabulls Housing Finance and State Bank of India will be included in the list. In the morning session, on Wednesday, the Nifty Bank index was trading 0.56 per cent down at 24,311 level. Here the top drags were ICICI Bank and Punjab National Bank with 2.36 per cent down and 2.10 per centdown respectively.