Current Status of PSU Bank Stocks
On Friday, during the morning trade session, the PSU bank stocks were trading mixed. At 11: 00 am, the Nifty PSU Bank index was trading 0.60 per cent down at 3,144.
Few shares those were among the top losers in the index are Oriental Bank of Commerce and State Bank of India. Canara Bank, Allahabad Bank and Syndicate Bank too declined.
On the other hand, Bank of Baroda, Andhra Bank and Punjab National Bank were trading with mild gains. Along with these stocks, Indian Bank, Union Bank of India, IDBI Bank and Bank of India also inched up.
Benchmark NSE Nifty50 index was up 15 points at 11,552, while the BSE Sensex was up 37 points at 38,280. Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.
The top gainers for today were Bajaj Auto, Hero MotoCorp, Tata Motors, Bharti Infratel and Wipro in the Nifty index.
However, the top losers were Sun Pharma, Power Grid Corporation, YES Bank, HCL Technologies and State Bank of India in the Nifty pack of stocks.