Nifty Bank has fired up and has reclaimed 34000 points. Investors all over the globe have remained on the back foot as they are tracking news flow on the Russia Ukraine Conflict. However, it seems like they are still in the bear zone. Fund outflows from foreign investors have put banking stocks under pressure. Here are a few banking stocks that you can add to your watchlist.
In late December, the bank went through a period of transition and lost a large number of depositors. As a result, it has lost more than 11% of its value. The stock has lost 48.01 per cent of its value since its 52-week high of ₹253.70 and is now trading at ₹133.25 per share.