Bank of America Trading Volume Ranks 35th as Stock Price Drops for Third Day

Generado por agente de IAAinvest Market Brief
viernes, 28 de marzo de 2025, 7:59 pm ET1 min de lectura
BAC--

On March 28, 2025, Bank of AmericaBAC-- (BAC) saw a trading volume of 14.15 billion, ranking 35th in the day's stock market activity. The stock price fell by 3.08%, marking the third consecutive day of decline, with a total decrease of 4.69% over the past three days.

Bank of America Corp is set to appoint Vikram Sahu as the new country executive for its India business. This strategic move is aimed at strengthening the bank's presence and operations in the Indian market, which is one of the fastest-growing economies in the world.

Bank of America analysts have projected that the Reserve Bank of India (RBI) will cut the repo rate to 6% during the April Monetary Policy Committee (MPC) meeting. This expectation is based on the current economic conditions and the RBI's efforts to stimulate growth in the Indian economy.

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