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NEW DELHI: The PSU bank index was trading as the top sectoral gainer on NSE in afternoon trade on Monday.
Around 12:30 pm, the Nifty PSU Bank was trading 2.55 per cent up at 3,296.55 with all components in the green.
Shares of Canara Bank (up 3.58 per cent), Union Bank of India (up 2.94 per cent), State Bank of India (SBI) (up 2.76 per cent), Bank of India (up 2.42 per cent) and Bank of Baroda (BoB) (up 2.31 per cent) were the top gainers in the index.
Indian Bank (up 1.49 per cent), Syndicate Bank (up 1.14 per cent), Oriental Bank of Commerce (up 1.11 per cent), Andhra Bank (up 1.08 per cent), Punjab National Bank (up 1.05 per cent), Allahabad Bank (up 0.99 per cent) and IDBI Bank (up 0.65 per cent) climbed in that order.
Sensex and Nifty were trading higher amid positive global cues and healthy gains in banking, metal and FMCG stocks.
The NSE Nifty50 index was up 119 points at 11,676, while the BSE Sensex was up 413 points at 38,665.
Among the 50 stocks in the Nifty index, 44 were trading in the green, while 6 were in the red.
Over 50 stocks, including Reliance Industries, Axis Bank, Aditya Birla Fashion and Retail, AstraZeneca Pharma India, Bajaj Finance and Birla Cable, touched 52-week highs on NSE.
Hindalco, PowerGrid, ICICI Bank and State Bank of India were leading among Sensex scrips.
