Yahoo Equity Symbol BSE S&P PSU Bank & Finance Index Scrips  11Jan17 Chart Strength
ALBK.ns Allahabad Bank 15 Andhra Bank 20 Bank of Baroda 5
BANKINDIA.ns Bank of India 16
MAHABANK.ns Bank of Maharashtra 17
CANBK.ns Canara Bank 7
CENTRALBK.ns Central Bank of India 8
CORPBANK.ns Corporation Bank 6
DENABANK.ns Dena Bank 13
IDBI.ns IDBI Bank 9
INDIANB.ns Indian Bank 1 strongest
IOB.ns Indian Overseas Bank 21
J& Jammu & Kashmir Bank 22
ORIENTBANK.ns Oriental Bank of Commerce 11
PNB.ns Punjab National Bank 12
SBIN.ns State Bank of India 4 State Bank of Bikaner & Jaipur 3
SBT.ns State Bank of Travancore 2
SYNDIBANK.ns Syndicate Bank 14
UCOBANK.ns UCO Bank 18
UNIONBANK.ns Union Bank of India 19

All the above banking sector stocks are part of S&P BSE PSU Index.
PSU Sector Index includes stocks from all sectors from public sector.

  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

PSU - Banking and Finance Sector Trend

Out of 22 S&P BSE PSU Bank Index stocks 12 are trading above 200 day moving average.
That means 55% of PSU Bank & Finance stocks are trading above 200-dma.
Banking Sector is sensitive to inflation and interest rate.
PSU Banks are flushed with cash and NPAs.

Outperformers: Indian Bank, State Bank of Travancore, State Bank of Bikaner & Jaipur, SBI, BOB.
Underperformers: Andhra Bank, Indian Overseas Bank, Jammu & Kashmir Bank.

Related topics
Bank – NSE
PSU Bank – NSE