Canara Bank share price – Any impact of Rakesh Jhujhunwala block deal in this PSU BANK? Expert OPINES this
In a big development, billionaire investor Rakesh Jhunjhunwala picked up a minority stake in Canara Bank via the (QIP) route. As per the shareholding statement of Canara Bank filed to exchanges on Tuesday, the Big Bull has picked up at least 2,88,50,000 shares or 1.59 percent in the public sector lender
Nilesh Jain sees a strong support at Rs 142, which is also its 200-day moving average (DMA). His recommendation is to BUY ON DIPS.