Quick Wrap: Nifty PSU Bank Index records a surge of 1.64%

Nifty PSU Bank index ended up 1.64% at 3312 today. The index has added 13.00% over last one month. Among the constituents, Canara Bank rose 4.82%, Bank of India added 3.81% and Union Bank of India jumped 2.66%. The Nifty PSU Bank index has increased 9.00% over last one year compared to the 12.45% spike in benchmark Nifty 50 index. In other indices, Nifty Realty index increased 1.41% and Nifty Auto index gained 1.13% on the day. In broad markets, the Nifty 50 recorded a gain of 0.58% to close at 11671.95 while the SENSEX increased 0.62% to close at 38939.22 today.

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