Chart Of The Day – Bank Recap Lifts PSU Banks; Punjab National Bank Rockets 46.2%

The Indian Government’s decision to recapitalise PSU banks with an additional 2.11 lakh crore sent the Nifty PSU Index soaring by a whopping 29.6%. Punjab National Bank saw the biggest move, as the stock defied gravity and rose 46.2%.

PNB_MarketSmithIndia

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