Banks To Keep Stock Market Shining Today, South Indian Bank, Axis, Union On A Rise

The beginning of the year and the week has been auspicious for the stock market. The market saw a boom on Monday and Tuesday, and according to experts some stocks will continue to see a rise even today.

As expected, the bullish trend in the stock market continued on Tuesday as well. On Tuesday, the BSE Sensex climbed 126.4 points to close at 61,294.20. At the same time, NSE Nifty reached at 18,232.50. Most of the shares were seen above the green mark only.

These Stocks Have Given More Than 15% Returns

Today, there can be a rise in the shares of PSUs banks, farm industry and IT companies in the market. South Indian Bank Limited closed at Rs 20.50 yesterday with a bang. This stock has given a return of 15.82% in the last five days and experts opine that it will continue to give good gains. In the last one year, this stock has given a handsome return of 121.62% to its investors.

Axis, Union Bank And ICICI Prudential Can Make You Happy

Axis Bank Ltd’s stock continues to be strong. It closed on the green mark on Tuesday. Presently this share is available at a price of Rs 962.40. Similarly, the stock of Union Bank of India Ltd is also performing well from the last five days. It has recorded a gain of 2.56% in this period. It has given 136.60% return in the last six months. ICICI Prudential Life Insurance may also gain momentum today. This stock is trading at Rs.470.

Keep An Eye On Yes Bank

Keep an eye on Yes Bank's stock today. This stock has gained 11.90% in last 5 days. This is a very good figure for such a stock, which was continuously diving for some time. Anyway, experts have given indications of strength in the shares of Yes Bank this year. On Tuesday, the stock closed at Rs 22.10 with a gain of more than 2%. Apart from this, Aptech Ltd, Syngene International Ltd and Titagarh Wagons may remain strong today.