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 was 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 percent down at 24,311 level. Here the top drags were ICICI Bank and Punjab National Bank with 2.36 percent down and 2.10 percent down respectively.
If we consider the stocks in red, then Canara Bank, State Bank of India, Bank of Baroda and Federal Bank are some of the names.
Stocks that stayed in the green slab were Kotak Mahindra Bank and HDFC Bank in the Nifty Bank index. It was observed that on the NSE Nifty50 index was down 30 points at 10,219 level. On the other side, on the BSE, Sensex was 78 points down at 33,239 level in the morning session at 9:50 am. Out of 50 stocks in the Nifty50 index, 18 were trading in the green and rest 32 were trading in the red.
For further such crucial information and to know about the most traded stocks, stay tuned with the experts of Money Classic Research.