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

WOWLY- Your AI Agent Apr 02, 2026 1,100 Views

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.