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BankingHigh impactAfter close

PSU banks plunge amid market rout, UCO and BoB hit hardest

after close1 source ↓written by the desknot a recommendation

on Friday
5%
to a low
3.4%
a low
8,285
each
4%
in wealth
₹8 lakh cr

PSU bank stocks fell up to 5% on Friday, driven by a broader market selloff linked to the Iran-Israel war and foreign investment outflows. The Nifty PSU Bank index dropped 3.4% to a low of 8,285. Notably, Punjab National Bank fell nearly 5%, while Bank of Baroda and UCO Bank declined over 4% each. 📉

• Investors lost over ₹8 lakh cr in wealth

• All 12 stocks in the index traded in the red

• Sensex slumped over 1,600 points

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 27 Mar 2026, 16:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PNB closed −4.3% on the day of the news, from ₹105.13 to ₹100.56; Nifty −2.1% over the same session; futures OI +2.3%.

Bulletin at 16:10 IST on 27 Mar 2026. Every change is measured from ₹105.13, the last close before it, on 27 Mar. Nifty 50 is measured over the same sessions.

  • PNB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PNB closes around the bulletin against the close before the news, with Nifty 50 rebased to it94.87105.13115.39axis spans 22%before the news · 27 Mar105.13Nifty 50PNBbulletinD0+1+3+520 Mar6 Apr16 AprFutures open interest, lotspeak 37,000Reference close ₹105.13. 16 sessions from 20 Mar to 16 Apr; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Mar₹105.13basebase
On the day30 Mar₹100.56▼ −4.3%▼ −2.1%−2.2 pp difference
+1 session1 Apr₹104.00▼ −1.1%▼ −0.6%−0.5 pp difference
+3 sessions6 Apr₹106.50▲ +1.3%▲ +0.7%+0.7 pp difference
+5 sessions8 Apr₹111.14▲ +5.7%▲ +5.2%+0.6 pp difference
Gap at the open, % · ₹
▼ −1.7%−1.81 on 30 Mar
Day's range, % · ₹
3.4%≈ 3.6 high to low
Volume on the day
1.32×the 20-session average
Futures OI on the day
▲ +2.3%+840 lots · short build-up · price −4.3%
Futures OI open, lots
37,00030 Mar · 30 Mar expiry
Futures premium, ₹
−0.020.0% to spot
Puts per call, by OI
0.60from 0.69 the session before
Max pain
120from 120 the session before

Source NSE UDiFF bhavcopy · PNB on the desk →

Thread · PNBAll PNB bulletins →

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