PSU bank stocks: Stock market update: Nifty PSU Bank index up nearly 2%; Indian Overseas Bank soars 10%

NEW DELHI: Nifty PSU Bank index was trading higher at 01:39PM (IST) on Thursday.

Shares of

(up 9.86 per cent), (up 9.81 per cent), Punjab & Sind Bank (up 4.87 per cent), (up 4.8 per cent) and (up 1.81 per cent) were among the top gainers.

While

(down 0.46 per cent) was the sole loser in the index.

The Nifty PSU Bank index was trading 1.5 per cent up at 2499.8 around 01:39PM.

Benchmark NSE Nifty50 index was up 158.20 points at 15140.2, while the BSE Sensex was up 449.28 points at 51230.97.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Shares of BHEL, Vodafone Idea, PNB, Tata Power and Coal India Ltd were among the most traded shares on the NSE.

Shares of Hind Copper, BHEL, NBCC , Tata Chemicals and Adani Ports SEZ hit their fresh 52-week high in today’s trade, while Marine Electricals (India) Ltd. hit fresh 52-week low in trade.



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