The PSU bank shares ended in green on Tuesday’s trading session. The Nifty PSU Bank index closed 3.88 per cent higher at 2,589.25. However, within PSU Banks, shares of Oriental Bank of Commerce particularly went extremely high and touched 19.94 percent growth.
This growth according to experts are getting registered due to amid positive sentiment, neutral global markets, positive domestic institutional investor’s (DII) sentiments.
Similarly, Syndicate Bank (up 13.28 per cent), Central Bank of India (up 7.88 per cent), The Jammu & Kashmir Bank (6.48 per cent) and Union Bank of India (up 9.41 per cent) were the top performers in the index.
Indian Bank (up 3.87 per cent), Bank of India (up 4.70 per cent), Canara Bank (up 5.67 per cent) and Bank of Baroda (up 3.65 per cent) too ended higher.