NIFTY 50

Banks under pressure; many stocks trade below QIP prices

Updated : September 22, 2020 11:54 PM IST

Over the last one to three months, Bank Nifty has underperformed by 1.6-1.7 percent. On a six-month horizon, Bank Nifty has gains of about 5.2 percent.

However, a lot of large banks after raising money are still trading below QIP prices. CNBC-TV18’s Abhishek Kothari gets a list of banks which are under pressure.
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