Quick Wrap: Nifty PSU Bank Index gains 2.77%

Nifty PSU Bank index ended up 2.77% at 3195.3 today. The index has gained 13.00% over last one month. Among the constituents, Syndicate Bank rose 4.65%, Indian Bank gained 4.41% and Union Bank of India added 4.36%. The Nifty PSU Bank index has fallen 13.00% over last one year compared to the 1.68% increase in benchmark Nifty 50 index. In other indices, Nifty Pharma index gained 1.51% and Nifty Media index is down 1.24% on the day. In broad markets, the Nifty 50 added 0.28% to close at 10802.15 while the SENSEX increased 0.36% to close at 35980.93 today.

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