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    Share market update: PSU bank shares slip; Indian Bank falls 3%

    Synopsis

    The Nifty PSU Bank index was trading 0.38 per cent down at 2374.70 around 10:50 am.

    Among the 50 stocks in the Nifty index, 19 were trading in the green, while 29 were in the red.

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

    Shares of Indian Bank (down 3.20 per cent), Syndicate Bank (down 2.25 per cent), Union Bank of India (down 1.42 per cent) and Central Bank of India (down 1.26 per cent) were trading in the red.

    Punjab National Bank (down 0.66 per cent), Jammu & Kashmir Bank Ltd. (down 0.64 per cent), State Bank of India (down 0.54 per cent) and Bank of Baroda (down 0.37 per cent) too were trading lower.

    The Nifty PSU Bank index was trading 0.38 per cent down at 2374.70 around 10:50 am.

    Benchmark NSE Nifty50 index was up 7.55 points at 11,848 while the BSE Sensex was up 74.57 points at 40,190.63.

    Among the 50 stocks in the Nifty index, 19 were trading in the green, while 29 were in the red.

    Shares of Vodafone Idea, YES Bank, SBI, SAIL, Bank of Baroda, Adani Power, BHEL, Tata Motors and ICICI Bank 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.)
    The Economic Times