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Quick Wrap: Nifty PSU Bank Index registers a drop of 2.35%

Capital Market 

Nifty PSU Bank index closed down 2.35% at 2521.25 today. The index has lost 16.00% over last one month. Among the constituents, Bank of Baroda fell 3.80%, Union Bank of India slipped 3.74% and Bank of India shed 3.55%.

The Nifty PSU Bank index has decreased 23.00% over last one year compared to the 4.63% fall in benchmark Nifty 50 index. In other indices, Nifty Metal index has slid 1.68% and Nifty Commodities index is down 1.42% on the day. In broad markets, the Nifty 50 is down 0.33% to close at 11017 while the SENSEX has declined 0.20% to close at 37328.01 today.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 20 2019. 16:01 IST