Canara Bank soars 2.53%, rises for third straight session

Canara Bank is up for a third straight session in a row. The stock is quoting at Rs 170, up 2.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.4% on the day, quoting at 15184.5. The Sensex is at 51190, down 0.49%. Canara Bank has risen around 5.69% in last one month.

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has risen around 8.41% in last one month and is currently quoting at 2454.95, up 0.6% on the day. The volume in the stock stood at 160.45 lakh shares today, compared to the daily average of 278.9 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 171, up 2.36% on the day. Canara Bank is up 22.21% in last one year as compared to a 34.75% spurt in NIFTY and a 30.54% spurt in the Nifty PSU Bank index.

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