Public sector units’ shares rally 12%

New Delhi, June 3 Shares of public sector enterprises as well as state-owned banks settled over 12% higher today as benchmark indices touched record highs a day after exit polls predicted a third term for the PM Narendra Modi-led government....

PTI

Updated At : 01:02 PM Jun 04, 2024 IST

New Delhi, June 3

Shares of public sector enterprises as well as state-owned banks settled over 12% higher today as benchmark indices touched record highs a day after exit polls predicted a third term for the PM Narendra Modi-led government.

Public sector units’ indices jumped to fresh peaks during intra-day, in tandem with the benchmark barometers that hit new records. The Nifty PSU Bank Index climbed 620.15 points or 8.40% to settle at 8,006.15.

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