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Share market update: PSU bank shares rally; OBC climbs 5%

The Nifty PSU Bank index was trading 2.65 per cent up at 2536.8 .

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Updated: Dec 13, 2019, 11.02 AM IST
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Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
NEW DELHI: Shares of PSU banks were trading in the positive zone in Friday's morning session.

Shares of Oriental Bank of Commerce (up 5.06 per cent) , Central Bank of India (up 3.79 per cent) , Union Bank of India (up 3.67 per cent) , Punjab National Bank (up 2.96 per cent) , Bank of Baroda (up 2.91 per cent) , Bank of India (up 2.91 per cent) , J & K Bank (up 2.86 per cent) , Syndicate Bank (up 2.59 per cent) , Canara Bank (up 2.25 per cent) and State Bank of India (up 2.19 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 2.65 per cent up at 2536.8 around 10:58 am.

Benchmark NSE Nifty50 index was up 90.45 points at 12062.25 , while the BSE Sensex was up 353.6 points at 40935.31 .

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, Ujjivan Small Finance Bank Ltd., SAIL, JSPL, SBI, Motherson Sumi and Bank of Baroda were among the most traded shares on the NSE.

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