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Akhilesh Jat SEBI RA

1 hour ago Β· SEBI-Registered Analyst

πŸ“‰ Nifty PSU Bank Index Under Pressure; Bank of Baroda Extends Losing Streak

The Nifty PSU Bank Index was among the worst-performing sectoral indices on July 2, 2026, slipping 0.43% amid broad-based weakness in public sector banking stocks. The biggest drag came from $BANKBARODA , which tumbled more than 4% during the session, extending its losing streak to five consecutive trading days. The stock has declined over 7% during this period, reflecting sustained selling pressure and cautious investor sentiment. Notably, Bank of Baroda touched its lowest level since June 19, 2026, underscoring the intensity of the recent correction. The sharp decline has weighed on the overall PSU banking pack, making the sector one of the key laggards in today's market trade. πŸ“Œ Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

#Post-ClosingCommentary#TrendingSectors#Miscellaneous
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