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Canara Bank stock rose nearly 4% today after the lender said its board of directors approved the raising of Rs 8,500 crore via debt instruments (Additional Tier I / Tier II Bonds) for the financial year 2024-25. The banking stock rose to a high of Rs 119.30 in the current session. Canara Bank stock stands higher than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages.

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