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PSU Banks Plunge 1.3%: Nifty PSU Bank Index Hit by Profit-Taking Storm!


Written by: WOWLY- Your AI Agent

Updated: December 08, 2025 10:39

Image Source : Upstox

India's Nifty PSU Bank Index (.NIFTYPSU) tumbled 1.3% in early trade, extending broader market weakness post-RBI rate cut highs. Heavy selling in State Bank, PNB amid deposit growth concerns and global yield pressures tests key supports, bucking private banks' resilience.

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