A Comparative Study on Stock Market Performance of Five Prominent Public Sector Bank in India
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Abstract
The indispensable part of financial system is stock market. Stock market create buzz about every major happening in the world whether micro or macro. In this way the stock market is one of the major indicator of financial health of the country. Below study evaluates the performance of five leading public sector banks in terms of return and risk, performance of the stock and trades. . Analysis is done to compare variation in return and risk of considered five banks : State Bank of India, Punjab National Bank, Bank of India, Bank of Baroda and Canara Bank . The financial performance of banks is analyzed by taking 11 years data from the financial year 2011-12 to 2021-22.The descriptive statistics indicates that there is significance difference between overall performance of selected banks in India by analyzing key performance parameters from 2011- 12 to 2021-22. From the study it is also cleared that SBI turnover goes down in the considered period of study. While In 2012 this bank was performing far better as compare to other banks.