Quick Wrap: Nifty PSU Bank Index rises 1.51%

Nifty PSU Bank index closed up 1.51% at 8381.75 today. The index is up 1.00% over last one month. Among the constituents, State Bank of India gained 2.47%, Punjab National Bank added 1.82% and Bank of Baroda rose 1.53%. The Nifty PSU Bank index is up 18.00% over last one year compared to the 5.98% surge in benchmark Nifty 50 index. In other indices, Nifty Financial Services index added 0.98% and Nifty IT index gained 0.90% on the day. In broad markets, the Nifty 50 recorded a gain of 0.59% to close at 26186.45 while the SENSEX added 0.52% to close at 85712.37 today.

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