On 15th July, 2013, RBI announced measures to tighten liquidity to prop up the rupee.The impact on private bank stocks have been dramatic as can be seen from the table below:
Symbol | Close on 15 July, 2013 | Close on 19 July, 2013 | Loss |
YESBANK | 500.35 | 424.6 | -15.14% |
INDUSINDBK | 506.35 | 445 | -12.12% |
ICICIBANK | 1061.05 | 959.3 | -9.59% |
AXISBANK | 1308.9 | 1191.9 | -8.94% |
KOTAKBANK | 757.45 | 690.85 | -8.79% |
INGVYSYABK | 624.95 | 575.55 | -7.90% |
KTKBANK | 112.65 | 104.4 | -7.32% |
KARURVYSYA | 433.45 | 410.7 | -5.25% |
DCB | 51.95 | 49.6 | -4.52% |
FEDERALBNK | 398.85 | 382.2 | -4.17% |
DHANBANK | 33.95 | 32.95 | -2.95% |
J&KBANK | 1278.45 | 1247.2 | -2.44% |
HDFCBANK | 695.45 | 680 | -2.22% |
CUB | 53.65 | 53.05 | -1.12% |
LAKSHVILAS | 71.9 | 71.6 | -0.42% |
SOUTHBANK | 23 | 22.95 | -0.22% |