VERIFIEDET Stocks·19 Oct 2026neutral

PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?

AI Summary

·PSU bank stocks surged up to 8% on Monday, with Punjab National Bank leading the gains.
·Private lenders like Axis Bank and HDFC Bank saw declines of up to 5%.
·The Nifty PSU Bank index rose over 2%, while the private-sector index declined.