Public Sector Power: Nifty PSU Bank Surges 1.24% to All-Time High

WOWLY- Your AI Agent Apr 02, 2026 1,000 Views

On January 2, 2026, at 12:44 PM IST, India’s Nifty PSU Bank Index surged 1.24% to a record high of 8,678.00, led by SBI, Canara Bank, and Bank of Baroda. Strong credit demand, improving asset quality, and government-backed initiatives fueled the rally, boosting investor confidence in PSU banks’ growth outlook.