NEW DELHI: Shares of PSU banks were trading in the negative zone in Friday's morning session.
Shares of Bank of Baroda (down 2.47 per cent) , Central Bank of India (down 1.80 per cent) , Allahabad Bank (down 1.79 per cent) and Syndicate Bank (down 1.68 per cent) were trading in the red.
Bank of India (down 1.64 per cent) , Union Bank of India (down 1.60 per cent) , Indian Bank (down 1.50 per cent) and State Bank of India (down 1.35 per cent) too were trading lower.
The Nifty PSU Bank index was trading 1.48 per cent down at 3031.10 around 10:55 am.
Benchmark NSE Nifty50 index was down 74.50 points at 11,522.40 while the BSE Sensex was down 232.44 points at 38,665.02.
Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.
Shares of YES Bank, Vodafone Idea, Dish TV India, Ashok Leyland, NTPC, SBI, Bank of Baroda, ONGC, Biocon and Tata Motors were among the most traded shares on the NSE.
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