Central Bank of India Shares Dive Over 6% in Morning NSE Trade

MUMBAI – Shares of state-owned Central Bank of India Ltd (NSE: CENTRALBK) experienced a significant sell-off on the National Stock Exchange (NSE) during morning trading hours on April 7th.

As of 10:58:12 AM UTC+5:30 (India Standard Time), the bank’s stock was trading sharply lower at ₹33.93. This represents a substantial decrease of ₹2.24 per share, equating to a significant 6.19% loss for the session thus far.

The stock opened the day considerably below its previous closing price of ₹36.17. The intraday chart depicts a volatile morning, with the price initially dropping, then seeing sharp fluctuations between session highs near ₹34.30 and lows around ₹33.25, before settling near ₹33.90 at the time of the snapshot.

This steep decline highlights significant negative investor sentiment surrounding the public sector lender’s stock early in today’s trading session on the NSE.