Quick Wrap: Nifty PSU Bank Index rises 3.63%

Nifty PSU Bank index closed up 3.63% at 2798.6 today. The index is down 16.00% over last one month. Among the constituents, Indian Bank gained 8.29%, IDBI Bank Ltd jumped 7.77% and Punjab National Bank rose 5.86%. The Nifty PSU Bank index is down 8.00% over last one year compared to the 12.46% surge in benchmark Nifty 50 index. In other indices, Nifty IT index added 2.37% and Nifty Services Sector index increased 1.55% on the day. In broad markets, the Nifty 50 witnessed a rise of 0.71% to close at 11008.3 while the SENSEX added 0.83% to close at 36526.14 today.

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