PSU bank stocks fell sharply on Wednesday after the government denied any move to hike FDI limits in public sector banks. The Nifty PSU Bank index fell over 3%, with Indian Bank and PNB declining the most as rupee weakness, profit-taking, and reduced rate-cut expectations intensified selling pressure across the sector.
PSU bank stocks plunge up to 7% after govt denies FDI limit hike. Indian Bank, PNB fall most
📅 Published: December 3, 2025 |
📂 Category: Uncategorized