SBI, PNB, and other such public sector banks got "boost" from government recapitalization. So these sectors moved up moving sensex like 500 points and sbi moved 27% or 65Rs/share on that particular day. There is no such boost for private banks. Secondly, there is rumor going on that few banks will merge..already associate banks 11 of State bank have merged.
This is just news based lift. Management of private banks are much more better in NPA management. Since tghere is no such news in PVt banks, yes bank has remained the same. Decline due to every one might have shifted their attention and capital from pvt banks to psu banks.nothing bad. Wait and patience may bring positivity in pvt banks.
Why yes bank''s share price is declining at a time when shares of all the banks are rising ?