Share market update: PSU Bank shares gain; Central Bank jumps 6%

Source- economictimes.indiatimes.com

NEW DELHI: Shares of PSU banks were trading with gains in Friday’s morning session.

Shares of Central Bank of India (up 5.99 per cent), Union Bank of IndiaNSE 4.45 % (up 4.83 per cent), Bank of India (up 3.90 per cent) and Canara BankNSE 2.12 % (up 2.55 per cent) were the top performers in the index.

riental Bank of Commerce (up 2.46 per cent), Punjab National Bank (up 2.18 per cent), Indian Bank (up 2.10 per cent) and Bank of Baroda (up 1.52 per cent) too were trading with gains.

he Nifty PSU Bank index was trading 1.76 per cent up at 3240.30 around 10:01 am.

Benchmark NSE Nifty50 index was up 10.85 points at 11,852.40 while the BSE Sensex was up 34.59 points at 39,621.

Shares of PFC, YES Bank, PNB, Bank of Baroda, Union Bank India, Ashok Leyland, SAIL, Vodafone Idea, Dish TV India and Indiabulls Housing Finance were among the most traded shares on the NSE.