Quick Wrap: Nifty PSU Bank Index records a surge of 2.61%

Nifty PSU Bank index ended up 2.61% at 7315.9 today. The index has added 4.00% over last one month. Among the constituents, Bank of Maharashtra rose 4.09%, Punjab National Bank added 3.26% and State Bank of India gained 3.08%. The Nifty PSU Bank index has increased 10.00% over last one year compared to the 0.35% fall in benchmark Nifty 50 index. In other indices, Nifty PSE index increased 0.74% and Nifty IT index gained 0.65% on the day. In broad markets, the Nifty 50 recorded a gain of 0.36% to close at 25330.25 while the SENSEX increased 0.38% to close at 82693.71 today.

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