Quick Wrap: Nifty PSU Bank Index records a surge of 8.40%, NIFTY climbs 3.25%

Nifty PSU Bank index ended up 8.40% at 8006.15 today. The index has added 6.00% over last one month. Among the constituents, Bank of Baroda rose 12.10%, Central Bank of India added 11.83% and State Bank of India gained 9.07%. The Nifty PSU Bank index has increased 96.00% over last one year compared to the 25.52% spike in benchmark Nifty 50 index. In other indices, Nifty PSE index increased 7.81% and Nifty Energy index gained 6.77% on the day. In broad markets, the Nifty 50 increased 3.25% to close at 23263.9 while the SENSEX increased 3.39% to close at 76468.78 today.

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