PSU bank stocks jump up to 4% — SBI, Indian Bank, Canara Bank shares at 52-week high: What's behind the rally?
Published on 24/09/2025 11:06 AM
The public sector bank stocks defied the sombre market mood and rallied in trade on Wednesday, September 24, after media reports suggested that the government is considering a proposal to increase foreign investment limits in government-owned banks.
Against this backdrop, the Nifty PSU Bank jumped nearly 1% in trade and was the only sectoral index in the green. Several constituents of the PSU Bank index also scaled their 52-week high levels.
More to come…
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