4 Banking have hit 52-week highs despite the Market down
➡️ IND bank Housing: The stock’s price on Friday hit a 52-week high and ended up with a 20% upper circuit.
➡️ #DHANBANK: This small-cap stock has hit a 52-week high in 2 of its last 6 sessions. Surprisingly, profit booking triggered a lower circuit as well.
➡️ #UCOBANK: The stock has hit 52-week in all market sessions this week. The stock is currently trading at Rs. 36.4.
➡️ #IOB: The PSU banking stock has hit a fresh 52-week high in 5 out of the last 6 sessions. The stock has been trading with huge volumes and ended the Friday session with a price of 33.4.
Leading Indices have shown a decline in the last 2 trading sessions following the news of the interest rate hike. Do you think these stocks can withstand the market and continue to rally?
Source: Mint