PSU Bank Index Surges, Outperforming Nifty for Fifth Straight Year
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PSU Bank Index Surges, Outperforming Nifty for Fifth Straight Year

The Nifty PSU Bank index surged nearly 2% on Wednesday, outperforming the Nifty 50's 0.5% rise, driven by expectations of increased credit growth. Several public sector banks saw significant gains, with some hitting multi-year highs. This marks the fifth consecutive calendar year that the Nifty PSU Bank index has outperformed the broader Nifty 50, having risen 31% in 2025 compared to the Nifty 50's 10.2% gain.

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