Nifty PSU Bank Index Jumps 1.09% as All 12 Constituents Trade in Green
By Ankur Chandra | Published at: Jun 27, 2025 10:37 AM IST
Mumbai, June 27 — The Nifty PSU Bank index surged by 76.05 points (1.09%) to 7,058.70 in early trade on Friday, powered by broad-based buying across all 12 constituents. The index opened at 7,019.20 and touched an intraday high of 7,083.70, with no decliners on the board.
Index Snapshot
| Metric | Value |
|---|---|
| Last Traded Price | 7,058.70 |
| Change (%) | +1.09% |
| Opening Price | 7,019.20 |
| Day High / Low | 7,083.70 / 7,013.80 |
| 52-Week High / Low | 7,542.55 / 5,530.35 |
| Total Traded Volume | 3.43 crore shares |
| Total Traded Value | ₹839.73 crore |
Top Gainers Among PSU Banks
| Stock | Last Price (₹) | Change (%) | 1-Month Return (%) | Near 52W High (%) |
|---|---|---|---|---|
| Bank of Baroda | 243.00 | +1.53 | -0.90 | -14.32 |
| Punjab National Bank | 107.44 | +1.12 | +4.15 | -16.58 |
| State Bank of India | 808.30 | +1.41 | +0.42 | -10.09 |
| Bank of Maharashtra | 54.63 | +1.47 | +5.65 | -22.84 |
| Bank of India | 118.37 | +1.21 | +0.20 | -9.11 |
| Canara Bank | 111.99 | +0.83 | +2.43 | -8.12 |
| Indian Bank | 636.15 | +0.03 | +6.43 | -3.39 |
All twelve constituents were in positive territory, marking a 100% advance-to-decline ratio. Stocks like Bank of Maharashtra, SBI, and PNB showed strong volume participation, indicating renewed interest from institutional and retail investors alike.
Sector Outlook
Despite a 5.24% decline over the past year, the Nifty PSU Bank index has risen 3.73% in the last 30 days, suggesting a short-term bullish momentum. The index is now 6.41% below its 52-week high, indicating room for further upside if positive sentiment sustains.
Investor interest is returning to PSU banks on the back of improving balance sheets, recapitalization tailwinds, and firm credit growth expectations ahead of the second quarter of FY26.
About Nifty PSU Bank Index:
The Nifty PSU Bank index comprises 12 public sector bank stocks listed on the National Stock Exchange (NSE). It serves as a benchmark for tracking the performance of government-owned banks in India and includes major constituents like SBI, BoB, PNB, and Canara Bank.
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