Quick Wrap: Nifty PSU Bank Index gains 2.94%

Nifty PSU Bank index ended up 2.94% at 9167.2 today. The index has gained 14.00% over last one month. Among the constituents, Bank of Baroda rose 5.77%, Punjab National Bank added 4.77% and Bank of India gained 3.86%. The Nifty PSU Bank index has soared 10.00% over last one year compared to the 1.71% slide in benchmark Nifty 50 index. In other indices, Nifty Auto index gained 2.14% and Nifty Bank index added 1.76% on the day. In broad markets, the Nifty 50 recorded a gain of 0.84% to close at 25255.05 while the SENSEX increased 0.95% to close at 81879.4 today.

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