SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Business News

The Economic Times

Business / The Economic Times

details

PSU banks slide up to 5% amid war-led selloff; UCO, BoB, punished most

PSU bank stocks slumped sharply, with the index falling 16% over a month and individual stocks plunging up to 20% amid geopolitical tensions and weak macro cues. A broader market selloff wiped Rs 8 lakh crore in investor wealth, while a falling rupee and global uncertainty weighed heavily on sentiment.

27 Mar 2026 3:11 pm