As of 9:59 AM, PSU banks are trading predominantly in the green, with Bank of Maharashtra (Mahabank), Indian Overseas Bank (IOB), and Central Bank emerging as the top performers.
Key Gainers
- Mahabank: Up 1.53% at ₹51.88 (+₹0.78).
- IOB: Gained 1.13% to ₹51.15 (+₹0.57).
- Central Bank: Trading 0.86% higher at ₹52.97 (+₹0.45).
- SBI: Up 0.66% at ₹793.50 (+₹5.20).
- Union Bank: Higher by 0.37% at ₹119.37 (+₹0.44).
- Punjab National Bank (PNB): Marginally up by 0.25% at ₹102.01 (+₹0.25).
Notable Declines
- Bank of Baroda: Down 0.12% at ₹240.72 (-₹0.28).
- Bank of India: Slightly lower by 0.03% at ₹100.90 (-₹0.03).
Overall, PSU banks are showing positive momentum, with smaller banks leading the pack while Bank of Baroda and Bank of India are witnessing mild corrections.
Disclaimer:
This update is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.