Nifty PSU Bank Index
SBI, IDBI Bank, BoB to Canara Bank: Is it wise to buy PSU bank stocks after Q3 results 2026?
In the post-budget rally, the Nifty PSU Bank Index finished higher for the third straight week
3 min read21 Feb 2026Nifty PSU Bank hits record high as rally extends to third session; PNB, Indian Overseas Bank, Union Bank lead gainers
PSU banking stocks surged for the third consecutive session, with the Nifty PSU Bank index reaching a record high of 9,647. All 12 index constituents gained, led by Punjab National Bank. Strong earnings and credit growth underpinned the rally despite earlier market concerns over borrowing plans.
2 min read18 Feb 2026Are 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 2026Why 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 2025PSU 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 2025PSU 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 2025BoB, 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 2025Nifty 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 2025Canara 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 2025PSU 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 2025Wait for it…
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