PSU bank rallies: Central Bank of India stock up 17.35%, IOB share price surges 16.24%, UCO Bank gains 13.90%

Public Sector Undertaking (PSU) banks are seeing significant upward momentum as of 3:01 PM, with major players witnessing robust gains. Here’s a comprehensive performance update:

Top Gainers in PSU Banks

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  1. Central Bank of India (CENTRALBK): ₹55.00 ▲ +17.35% (+₹8.13)
  2. Indian Overseas Bank (IOB): ₹52.83 ▲ +16.24% (+₹7.38)
  3. UCO Bank (UCOBANK): ₹43.92 ▲ +13.90% (+₹5.36)
  4. Bank of Maharashtra (MAHABANK): ₹53.09 ▲ +13.95% (+₹6.50)
  5. Punjab & Sind Bank (PSB): ₹47.45 ▲ +12.65% (+₹5.33)

Other Notable Performances

  • Canara Bank (CANBK): ₹93.26 ▲ +5.35% (+₹4.74)
  • Bank of India (BANKINDIA): ₹94.49 ▲ +4.58% (+₹4.14)
  • Punjab National Bank (PNB): ₹98.50 ▲ +3.23% (+₹3.08)
  • Bank of Baroda (BANKBARODA): ₹223.78 ▲ +2.80% (+₹6.09)
  • Union Bank of India (UNIONBANK): ₹103.93 ▲ +2.65% (+₹2.68)
  • State Bank of India (SBIN): ₹748.30 ▲ +2.58% (+₹18.80)

The PSU banking sector continues to attract investor attention, led by Central Bank of India, Indian Overseas Bank, and UCO Bank posting double-digit gains, reflecting strong optimism in the market.

Disclaimer: The above data is for informational purposes only and should not be construed as financial advice. Please consult your financial advisor before making investment decisions.