Share market update: PSU Bank shares gain; Syndicate Bank rises over 1%

PSU Bank shares were trading in the green with the Nifty PSU Bank index up 0.56 per cent at 3126.55 around 10:08 am on Tuesday.

Shares of Syndicate Bank (up 1.51 per cent), Union Bank of IndiaNSE 1.10 % (up 1.32 per cent), Bank of India (up 1.08 per cent) and Indian Bank (up 0.99 per cent) were the top performers in the index.

Canara Bank (up 0.92 per cent), Oriental Bank of Commerce (up 0.87 per cent) and Central Bank of India (up 0.71 per cent) too were trading in the green.

Benchmark NSE Nifty50 index was up 20.15 points at 10,791.95 while the BSE Sensex was up 87.99 points at 35,938.15.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of YES Bank, Ashok Leyland, Tata Motors, Bandhan Bank, Bank of Baroda, Indiabulls Housing Finance, Sun Pharma, Hindalco Industries, ICICI Bank, SAIL, SBI and Bharti Infratel were among the most traded shares on the NSE.

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