Bank of India Share Price: Fast growth expected in the coming year ππ°
Bank of India’s share price has been experiencing a steady increase, attracting the attention of stock market experts. According to analysts from Axis Securities, investing in Bank of India shares could make investors wealthy in the new year. Experts have advised holding onto these shares for at least the next year. On Tuesday, January 2, 2024, the share price closed at INR 114, marking a growth of 0.84%. However, on Wednesday, January 3, 2024, the share price experienced a decline of 0.57% and traded at INR 114.
Experts in the stock market have chosen Bank of India shares as their investment for the new year, with the belief that the share price could touch INR 150-165 in the next year. They recommend placing a stop loss at INR 85 when purchasing Bank of India shares.
Expert’s advice for Bank of India shares:
π Buy Bank of India shares
π Current price: INR 114
π Target price: INR 150/165
π Stop loss: INR 85
π Investment period: 1 year
In the first trading session of the new year on January 1, 2024, Bank of India shares were traded at INR 112.55. The shares continue to trade positively. Experts have set a target price of INR 165 for Bank of India shares and recommend buying them. These banking shares have provided a return of over 45% in the last six months.
Get ready to invest and make the most of Bank of India’s growth in the coming year! πͺπΌπ°
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.