Bank of Baroda, Dena Bank, Vijaya Bank will move up due to merge

As government has announced merger of 3 banks - Bank of Baroda, Dena Bank, Vijaya Bank, the price of these stocks will move up.

Here is the news

economictimes.indiat...cleshow/65844701.cms

Kommentera:

Dena bank will get more benefit as its NPA will go down from 11% to 5.7% so its price will move up more

Kommentera:

Bank of baroda and Vijaya Bank will not get much benefit out of merger so watch those stocks first then decide buy or sell.

Kommentera:

News channels has recommended to sell bank of baroda and vijaya bank and recommended to buy dena bank , so trade accordingly