Banking stocks fall: Huge fall in banking stocks, huge loss in Nifty PSU Bank index!

On Friday, a big fall was seen in the shares of the banking sector, especially the public sector banks. Nifty Bank index fell 2.1% to 50,440.6. The main reason for this decline was pressure in the shares of IndusInd Bank, AU Small Finance Bank, Canara Bank, Punjab National Bank and IDFC First Bank. In shares of IndusInd Bank(…)