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PSU banks merger buzz impacts Nifty index performance

pre-market1 source ↓written by the desknot a recommendation

index traded
8,338.70
as merger discussions
0.16%
fell
2%
saw declines between
0.2% and 0.5%
rose
0.42%

The Nifty PSU Bank index traded at 8,338.70, down 0.16% as merger discussions gain traction. Stocks like Bank of Maharashtra fell 2%, while SBI and UCO Bank saw declines between 0.2% and 0.5%. Conversely, Union Bank of India rose 0.42%, indicating mixed sentiment among investors. 📉

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Nov 2025, 07:04 IST.

Sourcesnews.google.com

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