Bank shares go up and down depending upon a number of factors in the market. For some bank shares are a favourite while others don’t see it as that luring.
US dollar declined by 0.26 per cent amid a rise in risk appetite in the global markets. There is also a decline in US treasury yields. Market sentiments improved post the US jobless claims fell to a new pandemic low signalling strength in the labour market.
The Indian rupee opened flat at 73.04 per dollar on Friday. On Friday, benchmark indices were trading higher with Nifty above 17300. It was led by the PSU Bank, auto and realty stocks.
The latest Bank shares tally for the moment
| Bank | Share Price |
| Axis Bank | Rs 796.70 |
| HDFC Bank | Rs 1583.05 |
| ICICI Bank | Rs 647.15 |
| Yes Bank | Rs 11.15 |
| Indusind Bank | Rs 1,011 |
| Bank of Baroda | Rs 78.65 |
| RBI | Rs 20.78 |
| Union Bank | Rs 35.50 |
| Canara Bank | Rs 160.70 |
(Disclaimer: The above mentioned Bank share prices are subject to change)
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Axis Bank shares hit a fresh high of 52-weeks of Rs 819 apiece on Wednesday. Moreover, Reliance Industries Ltd (RIL) share price was nearing the record high of Rs 2,368.80 level. It gained over 1 per cent to Rs 2,335 apiece on Friday.
HDFC Life Insurance Company today announced the acquisition of Exide Life Insurance Company for Rs 6,687 crore.
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