Stock Market

Share market update: PSU Bank shares dip; OBC slips over 2%

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NEW DELHI: PSU Bank shares were trading in the negative zone with the Nifty PSU Bank index down 0.68 per cent at 2924.05 on Tuesday.

Shares of Oriental Bank of Commerce (down 2.36 per cent), Bank of India (down 2.26 per cent), Union Bank of India (down 1.30 per cent) and Indian Bank (down 1.18 per cent) were the top losers in the index.

Punjab National Bank (down 1.12 per cent), State Bank of India (down 0.87 per cent) and Canara Bank (down 0.76 per cent) too were among the top laggards.

Benchmark NSE Nifty50 index was down 24.75 points at 10,859 while BSE Sensex was down 129.48 points at 36,111.52.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red. Shares of YES Bank, Sun Pharma, Bank of Baroda, Idea Cellular, ICICI Bank, Ashok Leyland, Indiabulls Housing Finance, LT Fin Holding, Tata Motors, SBI, Hindalco Industries and Indian Oil Corp were among the most traded shares on the National Stock Exchange.




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Category: Stock Market


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