Share market update: PSU bank shares rise; OBC climbs 3%

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

Shares of Oriental Bank of Commerce (up 3.33 per cent) , Syndicate Bank (up 2.15 per cent) , Canara Bank (up 1.94 per cent) , Indian Bank (up 0.64 per cent) , Union Bank of India (up 0.57 per cent) , Central Bank of India (up 0.56 per cent) , Punjab National Bank (up 0.55 per cent) , Allahabad Bank (up 0.53 per cent) , Bank of Baroda (up 0.46 per cent) and Bank of India (up 0.43 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 0.36 per cent up at 2474.8 around 10:44 am.


Benchmark NSE Nifty50 index was up 29.25 points at 12384.75 , while the BSE Sensex was up 128.7 points at 42061.26 .

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 19 were in the red.

Shares of Vodafone Idea, YES Bank, SBI, Bharti Airtel, IDFC First Bank, Bharti Infratel, PNB, Bank of Baroda, Tata Motors and GMR Infra were among the most traded shares on the NSE.