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BUZZ-India's state-run banks surge; govt may inject capital - media
October 24, 2017 / 9:54 AM / a month ago

BUZZ-India's state-run banks surge; govt may inject capital - media

** The Nifty PSU Bank index rises as much as 4.5 pct, the best performing sector on the NSE index

** Index posts biggest intraday pct gain since July 10

** India government may announce later in the day a plan to inject capital into public sector banks - local media reports

** State Bank of India, up 3.3 pct, was among top percentage gainers on the NSE index

** Punjab National Bank, Bank of India and IDBI Bank rose 6 pct, 4.5 pct and 4.7 pct, respectively

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