Share market update: PSU bank shares fall; Canara Bank dips 2%

NEW DELHI: Shares of PSU banks were trading with losses in Wednesday's session.

Shares of Canara Bank (down 2.43 per cent), Bank of Baroda (down 2.21 per cent), State Bank of India (down 1.53 per cent), Punjab National Bank (down 1.28 per cent), Central Bank of India (down 0.79 per cent), Indian Bank (down 0.65 per cent) and Bank of India (down 0.44 per cent) were the top losers in the index.

The Nifty PSU Bank index was trading 1.18 per cent down at 1261.9 around 02:23 pm.


Benchmark NSE Nifty50 index was down 107.95 points at 8885.9 , while the BSE Sensex was down 415.23 points at 30274.79.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 28 were in the red.

Shares of Vodafone Idea, Tata Motors, SBI, Ashok Leyland, ICICI Bank, ITC, Axis Bank, Motherson Sumi, Hindalco Inds. and YES Bank were among the most traded shares on the NSE.