Banking Stocks Pick
In a special show of ET Now Swadesh, market expert Vijay Chopra said that investors have many options in the banking sector. He feels that the bigger the bank, the better will be its asset quality.
He said about Bandhan Bank that investors can invest in it for short term. This stock can give profit in a short period. If the investor is thinking for long term, then one has to turn to big banks. There are still many opportunities in government banks.
Advice to invest in these banks
Expert Vijay Chopra said that investors can invest in banks like Indian Bank, IDBI Bank, Bank of Baroda and Bank of India for long term. There has been a lot of consolidation in these banks and there are chances of a boom. If you are thinking of investing in Bandhan Bank, then it can be kept in the portfolio for short term.
Indian Bank Share Price History
Indian Bank’s share has given 77.12 percent return to investors in a year. From the beginning of this year till now, this stock has climbed 27.66 percent. In a month, this stock has seen a jump of 2.76 percent. In two years, this stock has given 254.54 percent return.
IDBI Bank Share Price History
IDBI Bank’s stock has given investors a return of 46.27 percent in a year. Since the beginning of this year, this stock has climbed 25.56 percent. In a month, this stock has seen a jump of 4.49 percent. In two years, this stock has given a return of 175.74 percent.
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Bank Of Baroda Share Price History
Bank Of Baroda’s stock has given investors a return of 33.41 percent in a year. Since the beginning of this year, this stock has climbed 17.02 percent. In a month, this stock has seen a jump of 5.47 percent. In two years, this stock has given a return of 177.45 percent.
Bank Of India Share Price History
Bank Of India’s stock has given investors a return of 50.15 percent in one year. Since the beginning of this year, this stock has climbed 6.40 percent. In one month, this stock has seen a jump of 2.99 percent. In two years, this stock has given a return of 162.99 percent.
Disclaimer: There is risk in the equity market, so invest at your own risk. Take expert advice before investing. The advice given here is based on the report of ET Now Swadesh and the opinion on the stock is based on the information given by market experts to ET Now Swadesh. Times Now Navbharat.com is not giving any advice on investment.