Powered by the strong show put up by SBI shares, the bankex was up by about 107 points on the BSE today.
However, though 11 of the 14 Bankex stocks were in the green, BoB and PNB witnessed double-digit gains while Axis Bank, BoI, Canara Bank, Federal Bank and Yes Bank were marginally ahead.
SBI, despite its NPA going up significantly in Q3, was up by Rs 66 to Rs 2,195. BoB was quoting at Rs 833.75, an increase of Rs 13 and PNB was trading at Rs 1,004.50, a gain of Rs 10.45. Other major gainers saw their stock prices up by Rs 7-8.
IndusInd Bank, HDFC Bank and Kotak Mahindra did see only minor erosion in value.