Share market update: PSU bank shares gain; Indian Bank jumps 3%

NEW DELHI: Shares of PSU banks were trading higher in Wednesday’s session.

Shares of Indian Bank (up 3.47 per cent) , Punjab National Bank (up 3.45 per cent) , Canara Bank (up 3.43 per cent) , Bank of Baroda (up 3.4 per cent) , State Bank of India (up 2.94 per cent) , Union Bank of India (up 1.42 per cent) , Bank of Maharashtra (up 0.91 per cent) and Bank of India (up 0.72 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 2.34 per cent up at 1461.3 around 02:12PM.

Benchmark NSE Nifty50 index was up 129.25 points at 10431.35, while the BSE Sensex was up 498.96 points at 35414.76.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 16 were in the red.

Shares of Vodafone Idea, Ashok Leyland, Tata Motors, Bank of Baroda, SBI, Axis Bank, BHEL, ITC and ONGC were among the most traded shares on the NSE.

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