PNB stock notches 52 week-high as Nifty PSU Bank rises over 3% post assembly election results

PNB Share Price: Punjab National Bank (PNB) shares hit a 52-week-high on BSE on Monday on a day when the Nifty PSU Bank index is soaring higher, reflecting the positive mood in the market post legislative assembly election results. 

PNB hit a 52-week high of Rs 84.60 on Monday before starting the day's session at Rs 83.00.

The stock was trading up by 3.21 per cent, or Rs 2.59, at Rs 83.30 at 11:04 am on Monday. 

Amid the upbeat mood in the share market post the Bharatiya Janata Party's (BJP) thumping majority in three of the four states where the assembly elections were held, Nifty Bank PSU is also soaring by 3.33 per cent, or 170.85 points, at 5305.40, at 11:04 am on Monday.