Punjab National Bank (PNB) Stock Recovers Intraday Losses, Trades Higher on NSE
NEW DELHI, INDIA – Shares of Punjab National Bank (NSE: PNB), one of India’s leading public sector banks, showed resilience during trading on the National Stock Exchange (NSE) today, April 15th, recovering from earlier lows to post modest gains.
As of 2:45:39 PM India Standard Time (IST), PNB stock was trading at ₹96.64 INR. This marks an increase of +₹0.56 INR, representing a gain of +0.58% for the trading session compared to its previous close.
The intraday trading chart illustrates a volatile session for the bank’s shares. PNB opened strong, reaching above the ₹97.50 mark shortly after the market opened. However, the stock experienced a sharp decline through the morning, bottoming out below ₹96.50 around midday IST. Since then, the share price has gradually recovered, moving sideways with a slight upward bias in the afternoon session.
The current price is trading comfortably above the previous day’s closing price of ₹96.08 INR, indicating a net positive movement despite the intraday fluctuations.
Punjab National Bank is a significant player in the Indian banking sector. Investors are monitoring the stock’s ability to hold onto its gains following the morning sell-off as trading activity continues on the NSE.
