PSU Bank Index View Major Upside Due Watch Carefully

The Nifty PSU Bank Index tracks the performance of public sector banks listed on the National Stock Exchange (NSE) of India. As of February 28, 2025, the index comprises the following constituents with their respective weightages:

| Bank Name | Weight (%) |
|-----------------------------|------------|
| State Bank of India | 32.81 |
| Bank of Baroda | 15.35 |
| Punjab National Bank | 12.59 |
| Canara Bank | 11.39 |
| Union Bank of India | 9.05 |
| Indian Bank | 7.54 |
| Bank of India | 4.83 |
| Bank of Maharashtra | 3.05 |
| Indian Overseas Bank | 1.25 |
| Central Bank of India | 1.11 |

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These weightages indicate the relative influence of each bank's stock on the overall index performance. State Bank of India holds the highest weight, significantly impacting the index movements. The index is reviewed semi-annually to ensure it accurately reflects the market dynamics of public sector banks.