Quick Wrap: Nifty PSU Bank Index registers a drop of 1.67%

Nifty PSU Bank index closed down 1.67% at 8639.8 today. The index has added 2.00% over last one month. Among the constituents, Bank of India fell 2.76%, State Bank of India dropped 2.39% and Canara Bank slipped 2.24%. The Nifty PSU Bank index has increased 26.00% over last one year compared to the 0.91% spike in benchmark Nifty 50 index. In other indices, Nifty Realty index increased 1.35% and Nifty PSE index has dropped 0.72% on the day. In broad markets, the Nifty 50 increased 0.05% to close at 24583.8 while the SENSEX witnessed a rise of 0.06% to close at 78542.44 today.