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Share market update: Bank shares gain; PNB climbs 5%

NEW DELHI: Bank shares were trading with gains in Friday's morning session.

Shares of Punjab National Bank (up 4.64 per cent) , State Bank of India (up 2.94 per cent) , Bank of Baroda (up 2.47 per cent) and RBL Bank Ltd. (up 2.04 per cent) were the top performers in the index.

ICICI Bank Ltd. (up 0.97 per cent) , IDFC First Bank Ltd. (up 0.96 per cent) , Kotak Mahindra Bank Ltd. (up 0.88 per cent) and HDFC Bank Ltd. (up 0.30 per cent) too were trading with gains.

The Nifty Bank index was trading 0.74 per cent up at 30,977.60 around 09:51 am.

Benchmark NSE Nifty50 index was up 44.35 points at 11,916.45 while the BSE Sensex was up 174.38 points at 40,460.86 .

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of Vodafone Idea, YES Bank, SBI, Ashok Leyland, SAIL, PNB, Bharti Airtel, Tata Motors, Bank of Baroda and Union Bank India were among the most traded shares on the NSE.
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