Nifty PSU Bank Index

Money

Are thematic and sectoral funds worth the risk?

In the right market environment, a well-timed sectoral allocation can enhance portfolio returns, but such gains come with elevated risks.

2 min read2 Jan 2026
Markets

Why did Indian Bank, PNB, Bank of India and other PSU banks crash up to 6%? Explained

State-owned banks faced selling pressure as all 12 constituents declined after the government ruled out raising the foreign direct investment limit in public sector banks. The Nifty PSU Bank index dropped 3%, reflecting the broad weakness in the sector.

2 min read3 Dec 2025
Markets

PSU Bank index rises eight times from COVID-19 lows to fresh high — Can it remain a wealth multiplier?

The PSU bank stocks have seen an up to 60% surge in a year, with Indian Bank emerging as the leader. The stock has surged 59% in a year, followed by Canara Bank, up 48% during this period.

3 min read26 Nov 2025
Markets

PSU bank stocks recover strongly after recent weakness; Nifty PSU Bank index up 2%, SBI hits another record high

Public sector banks saw a strong recovery on November 25, with the Nifty PSU Bank index rising 1.8%. Notable performers included Bank of Maharashtra and Indian Bank, contributing to a 30% yearly return. Optimism about credit growth and asset quality supports the sector's performance.

2 min read25 Nov 2025
Markets

BoB, Canara Bank to IDBI Bank: PSU bank stocks rebound from today's low. Details here

Bank of Maharashtra was among the biggest gainers, surging nearly 1.65% to ₹60.90 apiece on BSE. IDBI Bank and Central Bank stood at the second and third spot, gained over 1.37% and 1.36% respectively, during an intraday session on November 18.

2 min read18 Nov 2025
Markets

Nifty PSU Bank index shines in a volatile week; soars over 2%, third straight advance

Public sector banks have shown resilience, with 7 out of 12 Nifty PSU Bank index constituents gaining this week. Bank of Baroda led the charge. Analysts remain optimistic due to increasing credit growth and potential government policy changes to attract foreign investment.

3 min read7 Nov 2025
Markets

Canara Bank share price nears 14-year high as rally extends to sixth straight session, up over 62% from March lows

Canara Bank's shares continued to rally, increasing 1.3% to ₹128.40, approaching a 14-year high. The stock has gained 61.50% since March and 27% year-to-date, fueled by positive developments including possible increase in FPI limits.

2 min read7 Oct 2025
Markets

PSU banks are back in business—and their stocks are stealing the show

After years of ceding market share to private rivals, India's state-owned banks are staging a comeback, riding on double-digit loan growth, tighter balance sheets, and hopes of higher foreign investment. But pressure on margins and global headwinds could test the rally's durability.

3 min read26 Sep 2025
Markets

PSU bank stocks outshine private peers in August rebound; Indian Bank, BOI, SBI rally up to 8%

Public sector banks outperformed private banks in August, with the Nifty PSU Bank index gaining 3.30%. PSBs are shifting focus to retail loans, resulting in improved asset quality and record net profits, challenging the long-held dominance of private banks.

3 min read21 Aug 2025
Markets

Indian Bank, Bank of India and 10 other PSU bank stocks rise up to 17.5% in 5 sessions on strong Q2 performance

Despite a challenging month for frontline indices, the Nifty PSU Bank index showed resilience in October, closing with a minor decline. Strong quarterly results from several banks boosted investor sentiment, resulting in all constituents gaining over 5% during the last week of the month.

3 min read4 Nov 2024