16/1/2025, 5:31:03 pm

PSU bank shares soar upto 12%: Bank of India, Indian Bank among top gainers

PSU Banks shares surged on January 16, with 📌Punjab & Sind Bank leading the rally, up 12.3% to Rs 52, following a 147% YoY jump in Q3 net profit. Other banks, including 📌Indian Bank, 📌Bank of India, and 📌Bank of Baroda, also saw significant gains. The rally in share prices pushed Nifty PSU Bank sectoral index up by over 156 points or 3% to 6,307.60.