Stock market update: Nifty PSU Bank index jumps 6%; Indian Overseas Bank zooms 20%

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Stock market update: Nifty PSU Bank index jumps 6%; Indian Overseas Bank zooms 20%


NEW DELHI: Nifty PSU Bank index was trading with gains at 01:33PM (IST) on Thursday.

Shares of

(up 20.0 per cent), (up 19.75 per cent), Punjab & Sind Bank (up 18.78 per cent), (up 13.18 per cent) and Union Bank of India (up 11.81 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 5.98 per cent up at 2597.5 around 01:33PM.

Benchmark NSE Nifty50 index was down -108.95 points at 15099.95, while the BSE Sensex was down -448.34 points at 51255.49.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Shares of PNB, Bank of Baroda, Vodafone Idea, Central Bank Ind and YES Bank were among the most traded shares on the NSE.

Shares of Central Bank of India, The New India Assurance, IOB, Bank of Baroda and Union Bank India hit their fresh 52-week high in today’s trade, while Vera Synthetic Ltd., Jiya Eco Products Ltd., Sanwaria Consumer Ltd., Radha Madhav Corporation Ltd., Osia Hyper Retail Ltd. and Marine Electricals (India) Ltd. hit fresh 52-week low in trade.





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