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    Share market update: PSU bank shares jump; Central Bank surges 12%

    Synopsis

    The Nifty PSU Bank index was trading 3.36 per cent up at 2494.60 around 10:46 am.

    Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.
    NEW DELHI: Shares of PSU banks were trading in the positive zone in Thursday's morning session.

    Shares of Central Bank of India (up 12.47 per cent) , Syndicate Bank (up 7.79 per cent) , Allahabad Bank (up 6.47 per cent) and State Bank of India (up 4.29 per cent) were the top gainers in the index.

    Punjab National Bank (up 3.61 per cent) , Jammu & Kashmir Bank Ltd. (up 3.37 per cent) , Oriental Bank of Commerce (up 2.94 per cent) and Indian Bank (up 2.41 per cent) too were trading in the green.

    The Nifty PSU Bank index was trading 3.36 per cent up at 2494.60 around 10:46 am.

    Benchmark NSE Nifty50 index was up 66.05 points at 11,910.15 while the BSE Sensex was up 222.89 points at 40,274.76.

    Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

    Shares of Vodafone Idea, YES Bank, SBI, Tata Motors, BHEL, PNB, Bank of Baroda, Infosys and Tata Global Beverages 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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    1 Comment on this Story

    Niveza Equity Research358 days ago
    YES bank stock has climbed today backed by a binding offer by global investor. The private lender is already seeking for capital for growth as well liquidity. Though, the events depend upon the regularity approvals as well as further developments, the news has brought ray of hope for the bank as well as stakeholders. Search Google for Niveza FREE Share Market Tips today.
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