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NEW DELHI: The Nifty PSU Bank was trading 0.83 per cent up at 3,153 around 12:55 pm with all components in the green.
Bank of India (up 3.55 per cent), Canara Bank (up 2.41 per cent), Syndicate Bank (up 2.25 per cent) and Union Bank of India (up 2.01 per cent) were among the top gainers in the index.
Oriental Bank of Commerce (up 1.24 per cent), Punjab National Bank (PNB) (up 1.23 per cent), Andhra Bank (up 0.95 per cent), Bank of Baroda (up 0.77 per cent), Allahabad Bank (up 0.76 per cent), State Bank of India (SBI) (up 0.63 per cent), Indian Bank (up 0.31 per cent) and IDBI Bank (up 0.24 per cent) participated in the rally.
Equity market was in the green amid positive global cues after US and China agreed to hold talks later this month on trade-related disputes.
Benchmark NSE Nifty50 index was up 79 points at 11,464, while the BSE Sensex was up 270 points at 37,934.
Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
Grasim Industries, Vedanta, Lupin, YES Bank and Tata Steel were among the top gainers, while GAIL (India), Bharti Airtel, ONGC, Power Grid Corporation of India and Bajaj Finance were among the top losers in the Nifty index.
