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Banking Stocks Share Price:  The Banking stocks are trading high on Wednesday in afternoon trade. Share of HDFC Bank, State Bank Of India, PNB, and Axis Banks surged over a per cent in the volatile trade. Meanwhile, the domestic stock indices touched new all-time highs. At around 12:47 pm, Sensex was trading at around 83320, up 240 points, and Nifty 50 was above 25,470. Major Bluechip banking stocks have been underperforming in last few months. 

Banking Stock Performance

HDFC Bank

The share price of HDFC Bank, India's largest private sector bank, is up over 1 per cent in today's trading session. The banking stock was trading at Rs 1691.70, 1.3 per cent against the previous day's closing price. The heavyweight stock has not delivered significantly in the last 365 days. In a week the stock price moved up over 2.5 per cent, in a month it surged over 3.6 per cent and in a year the stock price jumped up merely 2.38%.

Also read: BSE Share Price: BSE Stock Surges 13% To Hit New All-Time High; Soars 32% In Last 4 Trading Session

State Bank Of India

The stock price of State Bank Of India, India's largest public sector Bank, are showing some upward movement today. At around 11:56 pm, the share price of SBI was up 1.17 per cent compared to previous day's closing value. The share were trading at Rs 792, up Rs 9.2 or 1.17 per cent. The stock has been underperforming for the past few months. In a week it moved 1.47 per cent, in last 30 days it fell over 2 per cent and in a year the SBI share price climbed over 32 per cent. (All data's are from NSE).

Punjab National Bank

The stock price of Punjab National Bank jumped up over 1 per cent in Wednesday trade. The stock was trading in green at Rs 109.20, up 1.06 per cent, at around 1:12 pm. The stock has declined over 4 per cent in a month, but in a year, the PNB share price surged over 47.20 per cent.

ICICI Bank

The stock price of ICICI Bank is in green in today's trade. It was trading around Rs 1292, up 1.86 per cent. The blue-chip stock has surged over 4% in week, it has climbed over 8% in a week and in a year it jumped over 30 per cent.

Axis Bank

Axis banks share price surged over 1.3 per cent in Wednesday's trading session. At around 12:52 pm, the stock was trading at Rs 1249.20, up Rs 16 or 1.3 per cent. The stock price of private sector banks jumped over 5% in a week and over 6.7 per cent in a month. In the last 365 days, Axis Bank climbed over 21 per cent.

IndusInd Bank

IndusInd Bank Share Price jumped over Rs 17 in today's trade. The stock was trading at Rs 1484, up 1.21 per cent, per share at around 1:17 pm. The banking stock has been a decent performer in the past few years. In a week, the stock price surged over 3 per cent, In a month it went up over 8 per cent.

Also Read: Stocks Under 100: Suzlon Energy To NHPC, 5 Stocks Have Given Up To 200% Return In Last 1 Year

Disclaimer: Disclaimer: This is only an update about the share price and its performance in recent times. Jagran does not advise investing, please take expert opinion before investing.

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