PNB, 3 other BSE 100 stocks hit 52-week highs
In short
Punjab National Bank and three other BSE 100 stocks hit new 52-week highs. Their monthly gains were reported at 10% to 22%.
The move shows strong buying in these large stocks, including Federal Bank and Kotak Mahindra Bank.
What the reporting says
Punjab National Bank and three other BSE 100 stocks hit fresh 52-week highs, with monthly gains of 10% to 22%, according to a market summary. The reported rally also included Federal Bank and Kotak Mahindra Bank.
Why it matters
Punjab National Bank, along with three other BSE 100 stocks, touched fresh 52-week highs in market trade. The reported names included Federal Bank and Kotak Mahindra Bank, and the monthly gains ranged from 10% to 22%.