BSE PSU index, Sept. 1 -- The gauge of index representing the public sector companies has entered into the bear territory, following a 20% crash from its all-time high touched in August last year.

The BSE PSU index settled the last trading session on August 29 at 18,319.45, down 20.41% from its all-time high of 23018.87. Meanwhile, out of the 63 index constituents, some 10 stocks have managed to gain over the last one year, while others have declined by up to 53%, with Punjab and Sind Bank emerging as the top laggards.

Meanwhile, other PSU stocks like Rail Vikas Nigam, Oil India, UCO Bank, Central Bank, REC and IREDA have lost between 40-49%, according to Trendlyne data.

According to analysts, a host of factors have contributed to the ...