Quick Wrap: Nifty PSU Bank Index records a surge of 2.55%

Nifty PSU Bank index ended up 2.55% at 6307.6 today. The index has lost 9.00% over last one month. Among the constituents, Punjab & Sind Bank rose 6.91%, Indian Bank gained 4.87% and Bank of India added 3.76%. The Nifty PSU Bank index has increased 8.00% over last one year compared to the 8.07% spike in benchmark Nifty 50 index. In other indices, Nifty Metal index increased 1.70% and Nifty PSE index added 1.43% on the day. In broad markets, the Nifty 50 added 0.42% to close at 23311.8 while the SENSEX increased 0.42% to close at 77042.82 today.

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