Public sector bank (PSU Bank) stocks traded lower during intraday as of 11:19 AM, reflecting weak sentiment across the segment.
Key Performances:
- Union Bank: Fell 0.29%, trading at ₹128.81.
- Bank of Baroda: Declined 0.37% to ₹259.81.
- Indian Overseas Bank (IOB): Down 0.43%, trading at ₹57.40.
- Punjab National Bank (PNB): Dropped 0.76% to ₹107.75.
- State Bank of India (SBI): Declined 0.89% to ₹853.90.
- Bank of Maharashtra: Fell 0.92% to ₹55.90.
- Canara Bank: Dropped 1.04%, trading at ₹107.62.
- Central Bank of India: Down 1.15% to ₹58.31.
- UCO Bank: Declined 1.18%, trading at ₹47.82.
- Bank of India: Fell 1.30% to ₹112.81.
- Punjab & Sind Bank (PSB): Dropped 1.68% to ₹52.68.
Broader Market Overview:
- Sensex: Down 56.94 points (-0.07%) at 81,469.20.
- Nifty: Lower by 38.55 points (-0.16%) at 24,603.25.
- Bank Nifty: Declined 13.50 points (-0.03%) to 53,377.85.
Weak global cues and muted demand in the banking sector have contributed to the decline in PSU Bank stocks.
Disclaimer: This article is for informational purposes only and should not be considered financial advice.
