Nifty PSU Bank index was up 1.3% at 2,919 at 09:24 am, rallying 6% from its Tuesday's intra-day low level of 2,747.
Nifty PSU Bank index was up 2.5% at 2,876 at 02:35 pm, recovering 5% from its intra-day low of 2,747 on the NSE.
Oriental Bank of Commerce, Bank of India, Union Bank of India, Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank up 2% to 5% on NSE.
Nifty PSU Bank index, the largest gainer among sectoral indices, was up 2.5% as compared to 0.96% rise in the Nifty 50 index, at 11:33 am.
Shares of Bank of Baroda gained 10.4 per cent, followed by State Bank of India and Punjab National Bank
Union Bank of India, Bank of Baroda, Oriental Bank of Commerce, Bank of India, Allahabad Bank, Canara Bank, PNB, Andhra Bank and Syndicate Bank were up in the range of 4% to 6% on the NSE.
Four private sector banks - Dhanlaxmi Bank, Federal Bank, Karnataka Bank and South Indian Bank- hit their respective 52-week lows.
Syndicate Bank, Allahabad Bank and IDBI Bank has slipped in the range 3% to 5% on the NSE.
At 02:53 pm; Nifty PSU Bank index was up 1.4% on Thursday, extending its Wednesday's 2.5% surged on the NSE, as compared to 1.9% rise in Nifty 50 index.
At 11:11 am; Nifty PSU Bank index, the largest gainer among sectoral indices, was up 1.5% as compared to less than 1% rise in Nifty Bank, Nifty Private Bank and the benchmark Nifty 50 index.
Oriental Bank of Commerce, Union Bank of India, Punjab National Bank, Syndicate Bank, Indian Bank and Canara Bank were up in the range of 5% to 8%.
SBI, Bank of India, PNB, Oriental Bank of Commerce, Canara Bank, Indian Bank and Bank of India were up 1% to 4% on the NSE.
Nifty PSU Bank index hit a fresh 52-week low of 2,672 in the intra-day deal today, falling 26% in past four months as compared to 1.6% decline in Nifty 50 index.
SBI, BOB, Oriental Bank of Commerce, Union Bank of India, Andhra Bank, Bank of India, Canara Bank and Allahabad Bank were up in the range of 5% to 7% on the NSE.
SBI, PNB, Allahabad Bank, Bank of India, Union Bank of India, Canara Bank, Indian Bank and Bank of Baroda were up in the range of 5% to 11% on the NSE in past one week.
Nifty PSU Bank index up 3% on Tuesday, extending its previous day's 5% rally on the National Stock Exchange.
Nifty PSU Bank index had underperformed the market by falling 27% thus far in the calendar year 2018, against 5% decline in the benchmark index till Friday
Nifty PSU Bank index was up 4% thus far in current week, set to record its biggest weekly gain since November 2017.
At 02:05 pm; Nifty PSU Bank, the largest gainer among sectoral indices, was up 0.55% at 2,927, bouncing back 3% from its intra-day low
At 09:30 am; the Nifty PSU Bank index, the largest loser among sectoral indices, down 2.2% erases its nearly entire 2.3% gain recorded on Tuesday.