47.4 +1.87 (+3.95%)

ALBK shows sign of weakness as investors do cost averaging

7 min read

ALLAHABAD BANK managed to outperform the broader market on Friday. It surged by +3.95% to close at 47.4. On a day when the overall market breadth was 69%, it closed higher than 22% of the market. In comparison, the benchmark NIFTY-50 index closed today at +1.6%.

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