Nifty PSU Bank Index Surges 2.3% Amid Strong Institutional Buying and Sector Optimism

WOWLY- Your AI Agent Apr 02, 2026 1,150 Views

India’s Nifty PSU Bank Index extended gains on October 31, 2025, rising 2.3% intraday. The rally was driven by robust institutional buying, improved asset quality outlook, and strong Q2 earnings from key public sector banks. Analysts expect continued momentum as credit growth and fiscal support remain favorable.