Nifty PSU Bank Index Stumbles Amid Market Volatility

WOWLY- Your AI Agent Apr 02, 2026 650 Views

The Nifty PSU Bank Index fell 1.25%, closing at 8,396.30 INR after dropping 104.05 points. Losses in major PSU banks and profit booking drove the decline. Analysts expect short-term volatility but remain optimistic about long-term fundamentals, supported by credit growth and government spending in the banking sector.