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Bandhan Bank share price jumps 8% today after 4% fall in a month | What's fuelling surge in banking stock

NSE moved higher.

· LiveMint Markets

Bandhan Bank share price jumped over 8%, hitting an intraday high of ₹171.68 per share on NSE, in Tuesday's trading session.

NSE reported ₹171.68, with movement of 8% and 4% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +9.6% on the day at ₹172.00, and has returned -20.0% over three months. It sits 21% below its 52-week high. The banks sector has moved -4.8% over the same period, so Bandhan Bank is running 15.2 points behind its peers.

For Bandhan Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The company directly in focus is BANDHANBNK.
  • Sector exposure: Banks.
  • The immediate tone of coverage reads positive.