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Bank stocks in demand, UCO Bank surges over 12%

Tuesday, January 1, 2019, 10:18 PM

Bank stocks were in demand Tuesday after the government infused Rs.10,882Cr in four public sector lenders, with UCO Bank surging over 12%. Shares of UCO Bank soared 12.10% to close at Rs.22.70 apiece on BSE. Bank of Maharashtra gained 3.83%, Central Bank of India went up by 1.36% and Syndicate Bank rose by 1.27%.