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Share market update: PSU bank shares gain; IOB surges 19%

The Nifty PSU Bank index was trading 4.99 per cent up at 1282.8.

ETMarkets.com|
Last Updated: Jun 03, 2020, 02.10 PM IST
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Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red. 
NEW DELHI: Shares of PSU banks were trading with gains in Wednesday's session.

Shares of Indian Overseas Bank (up 18.87 per cent) , Punjab & Sind Bank (up 9.96 per cent) , Bank of Maharashtra (up 7.81 per cent) , Central Bank of India (up 6.73 per cent) , UCO Bank (up 6.44 per cent) , Union Bank of India (up 5.26 per cent) , J & K Bank (up 4.9 per cent) , Punjab National Bank (up 4.79 per cent) , State Bank of India (up 4.58 per cent) , Indian Bank (up 4.39 per cent) , Canara Bank (up 4.34 per cent) , Bank of India (up 3.69 per cent) and Bank of Baroda (up 3.56 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 4.99 per cent up at 1282.8 around 02:07PM.

Benchmark NSE Nifty50 index was up 146.45 points at 10125.55, while the BSE Sensex was up 484.93 points at 34310.46.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

Shares of Vodafone Idea, SBI, Tata Motors, PNB, Adani Power, Tata Power, Bank of Baroda, ICICI Bank, IDFC First Bank Ltd. and BHEL were among the most traded shares on the NSE.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
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