Punjab National Bank Hits Intraday High with 3.13% Surge on 14 Jan 2026

Intraday Trading Highlights

On the trading day, Punjab National Bank touched a peak price of ₹128.15, representing a 2.93% increase from the prior session’s close. The stock ended the day with a gain of 3.13%, significantly outperforming the Sensex, which declined by 0.29% to trade at 83,381.01 points. This marks the fourth consecutive day of gains for PNB, accumulating a 4.19% return over this period.

Notably, the stock closed just 0.23% shy of its 52-week high of ₹128.25, underscoring its strong momentum. Trading volumes reflected active participation, with the stock consistently holding above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained buying interest throughout the session.

Market Context and Sector Comparison

The broader market opened on a cautious note, with the Sensex declining by 269.15 points (-0.32%) at the start of the day. Despite this, Punjab National Bank outperformed its sector peers, registering a 1.4% higher return than the Public Sector Bank sector average. The BSE Small Cap index also showed modest gains of 0.22%, indicating selective strength in certain market segments.

While the Sensex remains 3.33% below its 52-week high of 86,159.02, PNB’s relative strength is evident in its consistent outperformance across multiple time frames. Over the past month, the stock has delivered an 8.87% return compared to the Sensex’s decline of 2.22%. Its one-year performance stands at a robust 30.07%, significantly ahead of the Sensex’s 8.99% gain.

Technical Indicators and Momentum

Punjab National Bank’s trading above all major moving averages indicates a strong technical setup. The stock’s position above the 200-day moving average is particularly noteworthy, reflecting a sustained upward trend over the long term. This technical strength is complemented by the stock’s Mojo Score of 65.0, which corresponds to a Hold rating, upgraded from a previous Sell rating on 11 Sep 2025.

The market capitalisation grade of 1 suggests that PNB is classified among the larger, more established entities within its sector. This status often attracts institutional interest, contributing to the stock’s liquidity and price stability.

Comparative Performance Over Various Time Frames

Examining Punjab National Bank’s performance relative to the Sensex over different periods highlights its resilience and growth trajectory. Over three years, the stock has appreciated by 125.79%, vastly outperforming the Sensex’s 38.35% gain. Over five years, the stock’s return of 246.62% dwarfs the Sensex’s 68.15%, underscoring its long-term value creation.

However, over a ten-year horizon, the Sensex’s 236.55% gain exceeds PNB’s 31.07%, reflecting broader market dynamics and sectoral shifts. Nonetheless, the recent years’ performance indicates a strong recovery and growth phase for the bank.

Summary of Trading Action and Market Position

Punjab National Bank’s strong intraday performance on 14 Jan 2026 reflects a combination of technical strength and relative sector outperformance. The stock’s ability to maintain gains above key moving averages and close near its 52-week high signals robust demand. Its four-day consecutive gain streak and outperformance against the Sensex and sector indices highlight its current market momentum.

Despite a broadly cautious market environment, with the Sensex opening lower and trading below its 50-day moving average, PNB’s resilience stands out. The bank’s upgraded Mojo Grade to Hold from Sell earlier in September 2025 aligns with its recent price action and improved market perception.

Overall, Punjab National Bank’s trading session on 14 Jan 2026 underscores its position as a leading public sector bank stock exhibiting strong intraday gains and sustained upward momentum.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →