homebusiness Newscompanies NewsThis bank stock has gained over 24% in 5 days, here is why

This bank stock has gained over 24% in 5 days, here is why

This bank stock has gained over 24% in 5 days, here is why
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By CNBCTV18.com Aug 25, 2022 12:08:26 PM IST (Updated)

The shares have been in the news in recent days. RBL Bank has been put as a part of F&O ban list by the stock exchange for today. The NSE updates the list of securities in F&O ban for trade every day. College Retirement Equity Fund has bought 45.84 lakh shares or 0.7 percent in RBL Bank via open market transactions at an average of Rs 108.86 per share.

Shares of RBL Bank climbed nearly 5 percent maintaining its upward trend. The bank has been giving high returns on the market to investors recently. In the past 5 days, shares of RBL Bank have gained over 24 percent while in a month the shares have gained over 34 percent.

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At 10:04 am, shares of RBL Bank were trading at Rs 129, a 4.9 percent increase from the previous close on the BSE. This despite RBL Bank being put as a part of the F&O ban list by NSE today. The NSE updates the list of securities in F&O ban for trade every day.
The shares have been in the news in recent days. College Retirement Equity Fund has bought 45.84 lakh shares or 0.7 percent in RBL Bank via open market transactions at an average of Rs 108.86 per share.
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