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Quick Wrap: Nifty PSU Bank Index records a surge of 1.49%

Nifty PSU Bank index ended up 1.49% at 2603.6 today. The index has lost 18.00% over last one month. Among the constituents, Canara Bank jumped 4.75%, Jammu and Kashmir Bank Ltd dropped 4.43% and Punjab National Bank rose 3.89%. The Nifty PSU Bank index has decreased 17.00% over last one year compared to the 2.96% fall in benchmark Nifty 50 index. In other indices, Nifty Auto index increased 1.15% and Nifty Private Bank index gained 0.95% on the day. In broad markets, the Nifty 50 increased 0.17% to close at 11047.8 while the SENSEX witnessed a rise of 0.10% to close at 37350.33 today.

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