Nifty PSU Bank index surges 2% in weak market; PNB, UBI gain up to 5%
Business Standard
The Nifty PSU Bank index rose by approximately two percent, outperforming the broader market which saw declines in indices like the Nifty 50. Public Sector Bank stocks led the rally, with Punjab National Bank and Union Bank of India gaining up to five percent during trading. This performance made the PSU Bank sector the top gainer among major sectoral indices on Wednesday morning.
All articles from 12 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.