Quick Wrap: Nifty PSU Bank Index gains 1.61%

Nifty PSU Bank index ended up 1.61% at 2419.7 today. The index has slipped 7.00% over last one month. Among the constituents, Bank of India rose 3.77%, Canara Bank jumped 3.26% and Union Bank of India added 2.18%. The Nifty PSU Bank index has fallen 23.00% over last one year compared to the 5.06% slide in benchmark Nifty 50 index. In other indices, Nifty Infrastructure index gained 1.42% and Nifty MNC index increased 1.11% on the day. In broad markets, the Nifty 50 witnessed a rise of 0.52% to close at 11003.05 while the SENSEX increased 0.44% to close at 37145.45 today.

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