Nifty PSU Bank Bank Of Baroda

At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.

At 09:32 AM on Monday, the Nifty PSU Bank index was the top loser among sectoral indices, down 5.4 per cent as compared to 2.8 per cent decline in the Nifty 50.

Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.

Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.

Since October 2025, Bank of India, Union Bank of India and Canara Bank have surged between 29 - 34 per cent. FPIs have increased stake in select PSU Banks by up to 3 per centage points.

Union Bank of India surged 8%, while Bank of Maharashtra, Indian Bank, Indian Overseas Bank and Punjab & Sind Bank were up 4% each on the NSE in intra-day trade.

Nifty PSU Bank index has bounced back 55 per cent from its 52-week low level of 5,530.35 touched on March 3, 2025.

Nifty PSU Bank index hit a new high at 8,665.70, in Wednesday's intra-day trade, surpassing its previous high of 8,624.80 touched on Nov 20, 2025. The index has gained 4% in the past two trading days.

Indian Bank, Bank of Maharashtra, Bank of Baroda, Central Bank of India and Canara Bank were up in the range of 2 per cent to 3 per cent in intra-day trade on Tuesday.

State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 8 per cent, as compared to less than 1 per cent rise in the Nifty 50.

Thus far in the month of September, Nifty PSU Bank index has outperformed by surging 7.5 per cent, as compared to 3.7 per cent rise in the Nifty 50.

PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025.

Around 12 PM, the Nifty PSU Bank index was up 0.45 per cent, as compared to a 0.43 per cent decline in the Nifty 50

Bank of Baroda share price: On July 31, Bank of Baroda reported a standalone net profit of Rs 4,458 crore for Q1FY25, rising 9.5 per cent over the previous year profit

Thus far in March month, Nifty PSU Bank index surged 18%, its biggest monthly gain in past 17 months, as compared to 6.5% rise in the Nifty 50 index.