Bank of Baroda, PNB, SBI, Canara Bank and IDBI shares were trading 2 percent higher during the early trading session as Public Sector banks were in demand.
KRChoksey Research has reiterated a Buy recommendation for State Bank of India (SBI) with an increased target price of Rs 1,020, representing a 20.3% potential upside from the current market price
Indian markets continued with the firm trend from last week and NSE Nifty closed 146 points higher at 19,711. BSE Sensex and NSE Nifty closed at fresh all-time highs for markets.