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j&k bank shares: J&K Bank shares jump 12%, hit 52-week high on launching Rs 750 crore QIP

The lender has set the floor price for the issue at Rs 112.66 per share, reflecting a discount of 10% from the company s previous closing price of Rs 125.1 on the BSE. ....

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Jammu & Kashmir Bank shares climbed 12% today. Here's why

The J&K Bank QIP opened on December 11, with the J&K Bank approving the floor price of the QIP at Rs 112.66 per share. The lender said it would, at its discretion, offer a discount of not more than 5 per cent on the floor price.

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Rate-sensitive sectors rally after RBI policy; banks, financials, auto & realty stocks jump up to 8%

Following the announcement, shares of rate-sensitive sectors like banking, financial services, automobile and real estate posted strong gains after the announcements.
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