Quick Wrap: Nifty PSU Bank Index rises 4.11%

Nifty PSU Bank index closed up 4.11% at 2477.25 today. The index is up 5.00% over last one month. Among the constituents, Jammu and Kashmir Bank Ltd gained 20.00%, Central Bank of India jumped 19.80% and Indian Overseas Bank added 19.80%. The Nifty PSU Bank index is up 75.00% over last one year compared to the 53.71% surge in benchmark Nifty 50 index. In other indices, Nifty Realty index added 2.33% and Nifty Energy index increased 1.37% on the day. In broad markets, the Nifty 50 witnessed a rise of 0.40% to close at 15746.5 while the SENSEX added 0.44% to close at 52574.46 today.

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