Bank Of India's Stock Price Declines by -3.22% on 22nd October 2024

Bank Of India, one of the leading public banks in India, has seen a decline in its stock price on 22nd October 2024. The stock has lost -3.22% on this day, according to MarketsMOJO, a leading stock market analysis platform.

The stock has been given a 'Sell' call by MarketsMOJO, indicating a negative outlook for the company's performance. In terms of price performance, Bank Of India has underperformed the sector by -1.5% on this day. It has also been on a consecutive fall for the last 2 days, with a decline of -3.77% in this period.

On 22nd October, the stock touched an intraday low of Rs 100.85, showing a decrease of -3.17%. Bank Of India is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price.

In comparison to the overall market performance, Bank Of India has seen a decline of -3.12% on this day, while the Sensex has only seen a decrease of -0.20%. In the past month, the stock has seen a decline of -8.56%, while the Sensex has seen a decrease of -4.21%.

This recent decline in Bank Of India's stock price may be a cause for concern for investors, but it is important to note that this is a fact-based analysis and does not include any external data or opinions. As a largecap company in the public banking industry, Bank Of India's performance will continue to be closely monitored by investors and analysts.