Market Now: Nifty PSU Bank index up 1%; PNB among top gainers
The NSE Nifty50 index was up 103 points at 10,580, while the BSE Sensex was 363 points up at 34,446 around 10:25 am.
By ETMarkets.com | Updated:
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NEW DELHI: The Nifty PSU Bank index was trading 0.83 per cent up at 3,461 around 10:25 am (IST) on Thursday with all components in the green.
Shares of Andhra Bank (up 1.62 per cent), Canara Bank (up 1.54 per cent), Allahabad Bank (up 1.29 per cent), Oriental Bank of Commerce (up 1.25 per cent), Punjab National Bank (up 1.12 per cent) and Union Bank of India (up 1.09 per cent) climbed over 1 per cent in the PSU bank index.
On the other hand, shares of Bank of India (up 0.96 per cent), Syndicate Bank (up 0.86 per cent), State Bank of India (up 0.79 per cent), IDBI Bank (up 0.78 per cent) and Bank of Baroda (up 0.29 per cent) advanced up to 1 per cent.
Key equity indices were trading up despite subdued global cues. Buying in realty, IT, capital goods and banking stocks after the RBI maintained status quo in its monetary policy review yesterday, kept the benchmarks up.
The NSE Nifty50 index was up 103 points at 10,580, while the BSE Sensex was 363 points up at 34,446 around 10:25 am.
Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.
Shares of Ashok Leyland, Idea Cellular, Sun Pharma, Punjab National Bank, BHEL, Vedanta, Cipla and Tata Motors were among the most traded stocks on NSE.
Shares of Andhra Bank (up 1.62 per cent), Canara Bank (up 1.54 per cent), Allahabad Bank (up 1.29 per cent), Oriental Bank of Commerce (up 1.25 per cent), Punjab National Bank (up 1.12 per cent) and Union Bank of India (up 1.09 per cent) climbed over 1 per cent in the PSU bank index.
On the other hand, shares of Bank of India (up 0.96 per cent), Syndicate Bank (up 0.86 per cent), State Bank of India (up 0.79 per cent), IDBI Bank (up 0.78 per cent) and Bank of Baroda (up 0.29 per cent) advanced up to 1 per cent.
Key equity indices were trading up despite subdued global cues. Buying in realty, IT, capital goods and banking stocks after the RBI maintained status quo in its monetary policy review yesterday, kept the benchmarks up.
The NSE Nifty50 index was up 103 points at 10,580, while the BSE Sensex was 363 points up at 34,446 around 10:25 am.
Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.
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Shares of Ashok Leyland, Idea Cellular, Sun Pharma, Punjab National Bank, BHEL, Vedanta, Cipla and Tata Motors were among the most traded stocks on NSE.
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