Banking stocks were back in the limelight today on renewed buying support after a recent correction.
Oriental Bank of Commerce rallied on high volumes after it reported a surge in its fourth-quarter net profit on account a substantial decline in provisioning. The scrip was up 14.82 per cent to close at Rs 134.45, and recorded volumes of 3.27 lakh shares on the BSE.
Punjab National Bank (PNB) was up 6.33 percent to Rs 147, Corporation Bank was up 6.17 per cent to Rs 161.65, Bank of Baroda moved up 6.03 per cent to Rs 114.35 and Canara Bank ended up 5.81 per cent at Rs 105.60.
Bank of Rajasthan (BOR) was another major gainer. The scrip gained 11.82 percent and ended at Rs 19.40.