Bandhan Bank's Stock Price Declines by -3.87% Amidst Market Pressure.

Bandhan Bank Ltd., a largecap private bank, has seen a decline in its stock price by -3.87% on October 22, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'. The stock is currently trading close to its 52-week low, with a difference of only 4.59%. It has also underperformed the sector by -3.45% in today's trading session.

This is the second consecutive day of losses for Bandhan Bank, with a total decline of -7.4% in the past two days. The stock touched an intraday low of Rs 177.3, which is a decrease of -4.14%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall performance of the Sensex, Bandhan Bank has seen a decline of -4.14% in the past day and -15.51% in the past month. This is in contrast to the Sensex's performance of -0.42% and -4.41% in the same time periods, respectively.

Investors and experts are advised to hold their positions on Bandhan Bank for now, as the stock continues to face downward pressure. With no significant news or developments in the company, the current decline in stock price may be attributed to market conditions. It is important to note that this article is based on factual information and does not offer any recommendations or predictions for the future performance of Bandhan Bank.