SumanSpeaks: The Information Super Highway

This Blog helps in disseminating FREE information related to Stock/Share Markets (domestic and overseas), Finance/Investments & Current Affairs. The content of this blog is for information purpose only - not recommendations, to Buy or Sell Securities. The data used here, is derived from the sources, deemed to be reliable, but their accuracy and completeness is not guaranteed. The author is not responsible for any loss in investments made, based on the inputs provided here - 28th May, 2006.

Tuesday, August 14, 2012

Allahabad Bank Ltd: Has the stock formed a temporary bottom?

Please Click on the Chart to Expand

Allahabad Bank Ltd closed flat yesterday, after we saw rally in the share of State Bank of India Ltd (SBI). Yesterday's SBI Ltd's call flared up, and the scrip closed at, Rs.1905.75. This boosted the sentiments of most of the stocks in the Banking Space.

Meanwhile, both Allahabad Bank Ltd and SBI Ltd came out with superb set of numbers for Q1FY13. CLICK HERE.

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