PSU bank stocks rally

PSU bank stocks rally

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PSU bank stocks surged after Government announced a Rs 2.1-lakh-crore capital infusion plan for state-owned banks.

Punjab National Bank, Bank of India, SBI stock surge sharply.

PNB stock was up by 36% at Rs.188, while Bank of India stock gained by 26% at Rs.176.

SBI stock also surge higher by 23% at Rs.313.