New Delhi, Nov. 7 -- Public sector lenders such as SBI, Bank of Baroda, and Union Bank of India have extended their weekly winning streak, defying the broader market weakness as investor sentiment towards these counters remains upbeat, supported by improving fundamentals, attractive valuations and reports of the government raising the foreign investor limit.

Seven out of twelve constituents of the Nifty PSU Bank index ended this week in the green. Bank of Baroda led the pack with a 4% gain to Rs.289, while Bank of Baroda, Union Bank India, Canara Bank, Indian Bank and Bank of Maharashtra followed with advances up to 4.7%

State Bank of India (SBI), the heaviest weighted stock in the index, rose 2% this week to Rs.955.85, extending its we...