Quick Wrap: Nifty PSU Bank Index records a surge of 7.88%, NIFTY climbs 3.69%

Nifty PSU Bank index ended up 7.88% at 3181.45 today. The index has lost 1.00% over last one month. Among the constituents, Bank of India jumped 10.04%, Bank of Baroda gained 9.49% and Syndicate Bank added 8.86%. The Nifty PSU Bank index has increased 20.00% over last one year compared to the 11.63% spike in benchmark Nifty 50 index. In other indices, Nifty Realty index increased 5.72% and Nifty Infrastructure index added 5.14% on the day. In broad markets, the Nifty 50 added 3.69% to close at 11828.25 while the SENSEX witnessed a rise of 3.75% to close at 39352.67 today.

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