Syndicate Bank eases for fifth straight session

Capital Market 

The stock is quoting at Rs 50.65, down 1.17% on the day as on 13:29 IST on the NSE. tumbled 44.25% in last one year as compared to a 14.07% rally in and a 26.62% fall in the PSU Bank index.

dropped for a fifth straight session today. The stock is quoting at 50.65, down 1.17% on the day as on 13:29 IST on the NSE. The benchmark is up around 0.4% on the day, quoting at 10850.2. The Sensex is at 35681.45, up 0.35%.has eased around 12.97% in last one month.Meanwhile, index of which Syndicate Bank is a constituent, has eased around 3.4% in last one month and is currently quoting at 2862.85, down 1.54% on the day. The volume in the stock stood at 24.9 lakh shares today, compared to the daily average of 33.72 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 50.95, down 1.07% on the day. Syndicate Bank tumbled 44.25% in last one year as compared to a 14.07% rally in NIFTY and a 26.62% fall in the index.

The PE of the stock is 0 based on earnings ending December 17.

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First Published: Tue, May 15 2018. 13:35 IST