Quick Wrap: Nifty PSU Bank Index records a surge of 2.11%

Nifty PSU Bank index ended up 2.11% at 9500.8 today. The index has added 5.00% over last one month. Among the constituents, Bank of Baroda rose 3.66%, Punjab National Bank gained 3.52% and Indian Bank added 3.51%. The Nifty PSU Bank index has increased 61.00% over last one year compared to the 12.05% spike in benchmark Nifty 50 index. In other indices, Nifty Metal index has slid 1.06% and Nifty IT index added 1.03% on the day. In broad markets, the Nifty 50 added 0.17% to close at 25725.4 while the SENSEX increased 0.21% to close at 83450.96 today.

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