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There appears to be some steam still left in the SBI stock after its Q4 (2011-12) results with the stock gaining Rs 60.60 to push it beyond Rs 2,000 to Rs 2,002.60 in the early morning trade today.
The BSE bankex was the biggest gainer among the sectoral indices, up by about 109 points, riding singularly on the gains made by SBI.
Other bank counters, though were gainers, did not gain to the extent SBI had.
Axis Bank was up by Rs 7.20 to Rs 956, Canara Bank moved up by Rs 3.10 to Rs 401, Federal Bank was trading at Rs 409.40, a gain of Rs 5.65, HDFC Bank was ahead by Rs 4.05 at Rs 504.50, ICICI Bank gained Rs 4.95 to Rs 810, Kotak Mahindra Bank gained Rs 5.75 to Rs 556.65 and Bank of India was trading at Rs 319.95, a gain of Rs 4.10.
Even BoB and PNB appear to have put their results blues behind them with the buoyancy generated by SBI results rubbing on them as well.
BoB edged up to Rs 649.80, a gain of Rs 9.25 and PNB was trading higher at Rs 730.50, a gain of Rs 9.10.
All the 14 bankex stocks were in the green.
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