InvestorQ : Is it true that most of the Bank Nifty stocks have moved closer to their 52 week lows due to the impact of the COVID-19 pandemic?
Chandralekha Desai made post

Is it true that most of the Bank Nifty stocks have moved closer to their 52 week lows due to the impact of the COVID-19 pandemic?

Answer
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Dilmini Mercia answered.
6 months ago


The table below captures the bank nifty stock performance versus the range of the index.

Symbol

Last Traded Price

Traded Value(crs)

52 Week High

52 Week Low

365 Days % Change

Distance to High

Distance to low

NIFTY BANK

19,488

7,634

32,613

16,116

-34.61

-67.35%

17.30%

INDUSINDBK

408

1,252

1,824

236

-76.65

-347.00%

42.27%

BANDHANBNK

194

407

650

152

-64.63

-234.36%

21.71%

IDFCFIRSTB

22

53

55

18

-59.21

-147.42%

20.67%

PNB

31

51

95

28

-66.31

-201.91%

10.81%

AXISBANK

420

1,385

828

286

-44.8

-97.08%

31.90%

FEDERALBNK

41

83

110

36

-58.49

-171.92%

12.07%

KOTAKBANK

1,257

526

1,740

1,001

-6.88

-38.42%

20.37%

SBIN

184

959

374

174

-40.8

-103.10%

5.70%

RBLBANK

118

258

716

106

-82.46

-505.84%

10.74%

BANKBARODA

50

70

144

47

-61.72

-190.03%

6.34%

HDFCBANK

898

1,550

1,306

739

-59.87

-45.41%

17.72%

ICICIBANK

331

1,040

552

268

-16.01

-66.78%

18.97%

Clearly, banks have been one of the worst hit and that is clearly from the negative gap to the high prices.