According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350 and resistance at 9500 while Bank Nifty has support at 22400 and resistance at 22800.
According to Shahina Mukadam, Independent Market Expert, one may hold Allahabad Bank.
Sandeep Wagle of powermywealth.com feels that Allahabad Bank may move to Rs 100.
Shrikant Chouhan, Senior VP- Technical Research at Kotak Securities recommends JSW Energy, Bharat Forge and Allahabad Bank
Before joining Allahabad Bank, she was the MD & CEO of Punjab National Bank, a bank release said.
Banking stocks like Union Bank, Allahabad Bank, Andhra Bank, Syndicate Bank & UCO Bank will get astro support, says Satish Gupta of astrostocktips.
Sandeep Wagle of powermywealth.com is of the view that one can buy Allahabad Bank and sell UPL.
Mitessh Thakkar of miteshthacker.com recommends buying Allahabad Bank and JSW Steel.
On the technical front, 9,200-9,250 spot levels are strong support zone and the current trend is likely to continue towards 9,400-9,500.
Mitessh Thakkar of miteshthacker.com recommends buying Allahabad Bank and Godrej Consumer Products.
Mitessh Thakkar of miteshthacker.com suggests buying Indian Bank, M&M, IRB Infra and PC Jeweller.
According to Sandeep Wagle of powermywealth.com, one can buy Allahabad Bank, PC Jeweller and Adani Power.
Prakash Gaba of prakashgaba.com is of the view that Manappuram Finance may head higher, SBI can hit Rs 278 and likes Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9080 and resistance at 9150 while Bank Nifty has support at 21000 and resistance at 21200.
Prakash Gaba of prakashgaba.com suggests buying Allahabad Bank as the stock can climb to Rs 74-75.
Prakash Gaba of prakashgaba.com is of the view that Allahabad Bank looks weak and can slide to Rs 67.
While Kingfisher House will be put under the hammer for the fourth time after three failed attempts, Kingfisher Villa is being put on sale for the third time. The reserve prices for both the properties owned by Mallya have been lowered after the earlier attempts of the 17-lender consortium failed to attract bidders.
As NPAs of public sector banks soared to a staggering Rs 6.8 lakh crore, the chairman of a key Parliamentary panel today favoured naming and shaming corporate houses which default on repayment of bank loans.
IDBI Bank has acquired 32,30,00,000 shares from Jaiprakash Power Ventures in consideration of conversion of debt into equity under strategic debt restructuring, the company said in a BSE filing.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 738.
Mitessh Thakkar of miteshthacker.com suggests buying Karnataka Bank and Allahabad Bank.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
Prakash Gaba of prakashgaba.com is of the view that one may pick City Union Bank.
Edelweiss recommended hold rating on Allahabad Bank with a target price of Rs 70 in its research report dated February 14, 2017.
Mitessh Thakkar of miteshthacker.com recommends buying Escorts and Allahabad Bank.