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BankingMedium impactPre-market

Bank of India upgraded to strong buy on valuation metrics

pre-market1 source ↓written by the desknot a recommendation

Bank of India received a rating upgrade to strong buy due to its very attractive valuation profile. The stock features a P/E ratio of 6.83 and a P/B ratio of 0.82, significantly lower than peers, indicating undervaluation. Additionally, a PEG ratio of 0.26 suggests earnings growth is not fully reflected in the stock price, enhancing its investment appeal.

The dividend yield of 2.63% further attracts investors seeking income alongside potential capital gains. This upgrade may boost market sentiment towards the banking sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Feb 2026, 07:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BANKINDIA closed +1.9% on the day of the news, from ₹158.01 to ₹160.93; Nifty +0.2% over the same session; futures OI −0.1%.

Bulletin at 07:11 IST on 4 Feb 2026. Every change is measured from ₹158.01, the last close before it, on 3 Feb. Nifty 50 is measured over the same sessions.

  • BANKINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BANKINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it142.65158.01173.37axis spans 22%before the news · 3 Feb158.01Nifty 50BANKINDIAbulletinD0+1+3+529 Jan9 Feb18 FebFutures open interest, lotspeak 11,000Reference close ₹158.01. 16 sessions from 29 Jan to 18 Feb; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before3 Feb₹158.01basebase
On the day4 Feb₹160.93▲ +1.9%▲ +0.2%+1.7 pp difference
+1 session5 Feb₹163.46▲ +3.5%▼ −0.3%+3.8 pp difference
+3 sessions9 Feb₹168.41▲ +6.6%▲ +0.5%+6.0 pp difference
+5 sessions11 Feb₹167.13▲ +5.8%▲ +0.9%+4.9 pp difference
Gap at the open, % · ₹
0.0%−0.02 on 4 Feb
Day's range, % · ₹
3.4%≈ 5.4 high to low
Volume on the day
0.50×the 20-session average
Futures OI on the day
▼ −0.1%−6.0 lots · short covering · price +1.9%
Futures OI open, lots
10,0004 Feb · 24 Feb expiry
Futures premium, ₹
+0.32+0.2% to spot
Puts per call, by OI
0.77from 0.78 the session before
Max pain
160from 160 the session before

Source NSE UDiFF bhavcopy · BANKINDIA on the desk →

Thread · BANKINDIAAll BANKINDIA bulletins →

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