In a financial year marked by credit tailwinds and operational resilience, Punjab National Bank (PNB) has demonstrated commendable earnings momentum despite headwinds on the margin front.

NALCO, HPCL, Coal India, Power Grid, PNB and NTPC were among major losers in the public sector segment while NSE Nifty closed flat on Tuesday.

Motilal Oswal Financial Services has revised its outlook on Punjab National Bank (PNB), recommending a BUY call with a target price of Rs 125.

Public sector banks were among major losers on Friday with Central Bank, UCO Bank, Indian Overseas Bank and IDBI Bank down by over 4 percent.

Public sector banks were trading positive on Friday with Bank of India, Union Bank, Indian Bank and IDBI Bank shares trading positive. SBI, Bank of Baroda and PNB were trading marginally higher.

Sharekhan Research has reiterated a BUY recommendation for Punjab National Bank (PNB) with a revised price target of Rs 125, reflecting a potential upside from the current market price of Rs 101.