India's PSU Bank index shines amid broader market downturn

Bank of Maharashtra

06/04/2026 05:38

** Shares of India's PSU banks rise between 0.5% and 4.5%

** Nifty PSU bank index .NIFTYPSU rises 2% on the day vs benchmark Nifty 50 .NSEI which is down 0.6%

** NIFTU PSU top sectoral gainer

** Bank of Maharastra BMBK.NS leads among the pack, up 4.5%; Bank of Baroda BOB.NS gains 3.8%; Bank of India BOI.NS rises 3.6%

** State run banks post upbeat quarterly provisional updates

** YTD, NIFTYPSU loses 3% vs NSEI down 13%

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))