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Syndicate Bank drops for fifth straight session

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Capital Market
Last Updated : Jun 03 2019 | 1:50 PM IST

Syndicate Bank is quoting at Rs 35.45, down 0.14% on the day as on 13:24 IST on the NSE. The stock tumbled 26.07% in last one year as compared to a 12.96% rally in NIFTY and a 11.32% spurt in the Nifty PSU Bank index.

Syndicate Bank fell for a fifth straight session today. The stock is quoting at Rs 35.45, down 0.14% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.7% on the day, quoting at 12006.15. The Sensex is at 40018.83, up 0.77%.Syndicate Bank has eased around 2.61% in last one month.Meanwhile, Nifty PSU Bank index of which Syndicate Bank is a constituent, has increased around 5.6% in last one month and is currently quoting at 3247.6, down 0.88% on the day. The volume in the stock stood at 29.76 lakh shares today, compared to the daily average of 77.08 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 35.5, up 0.42% on the day. Syndicate Bank tumbled 26.07% in last one year as compared to a 12.96% rally in NIFTY and a 11.32% spurt in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending March 19.

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First Published: Jun 03 2019 | 1:35 PM IST

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