Nifty PSU Bank Index Soars: Best Weekly Performance in 3 Months, Top Gainers Revealed!

• Nifty PSU Bank index surged 5% in five sessions, marking its best weekly performance in three months.
• All 12 stocks in the index ended the week with gains, showcasing broad-based strength.
• Bank of Maharashtra (+12%), Indian Bank (+10.5%), and Indian Overseas Bank (+9.8%) led with double-digit gains.
• Indian Bank reported strong Q3 business updates, surpassing management guidance for advances and deposits.
• Other significant gainers included Bank Of India (+6.5%), UCO Bank (+6.5%), and Bank of Baroda (+6%).

Why It Matters: Nifty PSU Bank index recorded its best weekly performance in three months, with all stocks gaining.