PSU banking stocks surged for the third consecutive session, with the Nifty PSU Bank index reaching a record high of 9,647. All 12 index constituents gained, led by Punjab National Bank. Strong earnings and credit growth underpinned the rally despite earlier market concerns over borrowing plans.
Nifty PSU Bank hits record high as rally extends to third session; PNB, Indian Overseas Bank, Union Bank lead gainers
