BSE PSU index hits 18-month low; Bank of Baroda, NTPC touches 52-week low

Thus far in the calendar year 2018, the S&P BSE PSU index has slipped 18%, against 4.6% rise in Sensex. Shares of public sector undertaking (PSU) organisations were under pressure with the S&P BSE PSU index hitting its 18-month low on the BSE on Monday, after a fall in oil & gas and banking stocks. At 12:00 PM: the S&P BSE PSU index was down 1% at 7,522, as compared to 0.17% decline in the S&P BSE Sensex. The PSU index hit an intra-day low of 7,506, its lowest level since December 27, 2016.

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