QUICK WRAP: NIFTY PSU BANK INDEX FALLS 2.39%

Nifty PSU Bank index ended down 2.39% at 5064.95 today. The index has gained 1.00% over last one month. Among the constituents, State Bank of India shed 3.69%, Indian Bank dropped 3.16% and Bank of Maharashtra slipped 2.72%. The Nifty PSU Bank index has soared 34.00% over last one year compared to the 7.57% increase in benchmark Nifty 50 index. In other indices, Nifty Bank index has dropped 1.31% and Nifty Private Bank index has dropped 1.30% on the day. In broad markets, the Nifty 50 has dropped 0.17% to close at 19731.8 while the SENSEX has dropped 0.28% to close at 65794.73 today.

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