The Nifty PSU Bank index climbed 0.97% to trade at 7,045.20 as of December 4, reflecting strong performance in the public sector banking space. Notable gainers included Central Bank, Indian Overseas Bank (IOB), and UCO Bank, which recorded impressive gains during the session.
Key Performers:
- Central Bank surged 6.81%, trading at ₹60.58.
- IOB gained 6.10%, trading at ₹57.77.
- UCO Bank advanced 8.49%, trading at ₹48.96.
Other public sector banks also showed positive momentum:
- Bank of India rose by 2.09%, trading at ₹116.40.
- Bank of Maharashtra climbed 2.12%, trading at ₹58.28.
- Punjab & Sind Bank increased by 5.63%, trading at ₹53.87.
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