Bank of Baroda532134Banking
Ruchit Jain recommended shorting Bank of Baroda in October futures, citing weakness in PSU banking space
- Stop loss
- 234
- Downside target
- 290
Heard on Live TV News Channel between 08:59:57 - 09:01:12 IST.
- PSU Bank index was down more than 3% in the previous session, with many PSU bank stocks breaching March lows.
- Bank of Baroda identified as one of the weakest names, not participating in earlier pullbacks and now breaking down first as sector corrects.
- Stock was trading at a 52-week low.
- Recommended going short in October futures with stop loss above 234 for a potential move down to around 290.
Also from Bank of Baroda
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Baroda Repo Based Lending Rate changed w.e.f. 08.10.2026: BRLLR 7.90% to 8.15%
7 Oct 2026
Statement of outstanding bonds as on 30.09.2026: 15 bonds listed, coupons from 7.10% p.a to 8.00% p.a., interest paid yearly
5 Oct 2026
Source: Live TV News Channel · 29 Sep 2026
The call above is Ruchit Jain, Motilal Oswal Financial Services's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.