These stocks surged more than 10 per cent today

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3) Canara Bank

Photo Credit: Canara Bank

India’s one of the largest public sector banks owned by the Government of India spiked up by 10.20 points ( 12.78%) to close at 90.00.

Most of the banking stocks traded higher today after the government announced a Rs 20 lakh crore stimulus package for the coronavirus-hit economy.

Bank Nifty rallied 4 per cent in today’s session (+772.10). But it witnessed profit taking at a higher level to close the day at 19,634.95. Bank Nifty traded for a while above 20 k to hit the day high of 20,122.25.

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