By Malvika Gurung
Investing.com -- The sectoral index Nifty Bank closed the June 2-ended week with slight losses while snapping a two-day falling streak on Friday.
The index slipped 0.18% during the week, however, rising 147.65 points or 0.34% at 43,937.85 levels at Friday’s close. All the constituent stocks ended higher in the previous session except one.
The gains on the 12-scrip sectoral pack were led by public sector lenders on Friday, with Punjab National Bank (NS: PNBK ) rising the most and surging 1.54% during the session.
Private sector lender Bandhan Bank (NS: BANH ) was the only stock that ended with losses on Friday, declining 1.2%.
Further, Bank NIFTY Futures gained 126.7 points or 0.29% to 44,074.95 levels.
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I think Psu Banks r awaiting re rating !Like 1