# 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?

- Source: Economic Times
- Published: 2026-10-19T06:24:40+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/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/articleshow/135041687.cms
- Canonical: https://groundlevelnews.com/story/psu-bank-stocks-soar-up-to-8-but-hdfc-axis-and-other-private-lenders-f-d51d05/

PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such as Axis Bank and HDFC Bank fell up to 5% despite reporting profit growth. The Nifty PSU Bank index gained over 2%, while its private-sector counterpart declined.

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