Bank of India shares hit eight-year peak amid weak broader market

Bank of India stock climbed about 4% on Monday, touching an intra-day high of ₹163.25 on the BSE, its strongest level since January 2018. The rally comes despite weakness in wider indices, supported by heavy trading volumes and strength in the PSU banking index. The stock is up around 37% over the past four months, with analysts highlighting breakout momentum in public sector banking stocks.