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Share market update: PSU bank shares dip; PNB down over 2%

The Nifty PSU Bank index was trading 0.4 per cent down at 2560.35 .

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Updated: Dec 16, 2019, 10.50 AM IST
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Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.
NEW DELHI: Shares of PSU banks were trading in the negative zone in Monday's morning session.

Shares of Punjab National Bank (down 2.25 per cent) , Union Bank of India (down 1.26 per cent) , Central Bank of India (down 1.04 per cent) , Oriental Bank of Commerce (down 0.72 per cent) , J & K Bank (down 0.67 per cent) , Bank of Baroda (down 0.59 per cent) , Indian Bank (down 0.59 per cent) and Allahabad Bank (down 0.52 per cent) were the top losers in the index.

The Nifty PSU Bank index was trading 0.4 per cent down at 2560.35 around 10:45 am.

Benchmark NSE Nifty50 index was up 2.50 points at 12089.2 , while the BSE Sensex was up 31.62 points at 41041.33 .

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of YES Bank, SBI, Ujjivan Small Finance Bank Ltd., JSPL, Tata Motors, Trident Ltd, PNB and SAIL were among the most traded shares on the NSE.

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