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Quick Wrap: Nifty PSU Bank Index rises 1.69%

Nifty PSU Bank index closed up 1.69% at 3112.05 today. The index is up 3.00% over last one month. Among the constituents, Jammu and Kashmir Bank Ltd slipped 6.72%, Canara Bank gained 3.81% and Allahabad Bank jumped 3.45%. The Nifty PSU Bank index is up 3.00% over last one year compared to the 10.93% surge in benchmark Nifty 50 index. In other indices, Nifty Metal index added 1.32% and Nifty Media index added 1.31% on the day. In broad markets, the Nifty 50 added 0.36% to close at 11965.6 while the SENSEX added 0.42% to close at 39950.46 today.

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