Share market update: PSU Bank shares gain; PNB up over 1%

NEW DELHI: Shares of PSU banks were trading with gains in Wednesday's morning session.

Shares of Syndicate BankNSE 1.24 % (up 1.38 per cent) , Punjab National Bank (up 1.37 per cent) , Union Bank of India (up 0.98 per cent) and Bank of BarodaNSE 0.84 % (up 0.80 per cent) were the top performers in the index.

Canara Bank (up 0.66 per cent) , Oriental Bank of Commerce (up 0.65 per cent) , Central Bank of India (up 0.52 per cent) and Indian Bank (up 0.50 per cent) too were trading higher.

Benchmark NSE Nifty50 index was down 67.55 points at 11,430.35 while the BSE Sensex was down 227.03 points at 38,049.60.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Shares of PC Jeweller, Suzlon Energy, ICICI Bank, YES Bank, DHFL, Vodafone Idea, Dish TV India, Tata Motors, Federal Bank and ZEEL were among the most traded securities on the NSE.