NEW DELHI: Shares of PSU banks were trading in the negative zone in Monday's morning session.Shares of Central Bank of India (down 2.54 per cent) , Indian Bank (down 2.31 per cent) , Bank of Baroda (down 1.96 per cent) and Oriental Bank of Commerce (down 1.83 per cent) were the top losers in the index.State Bank of India (down 1.56 per cent) , IDBI Bank (down 1.29 per cent) , Punjab National Bank (down 1.26 per cent) and Syndicate Bank (down 1.17 per cent) too were trading lower.
The Nifty PSU Bank index was trading 1.48 per cent down at 3077.95 around 10:16 am.
Benchmark NSE Nifty50 index was down 90.80 points at 11,366.1 .
Among the 50 stocks in Nifty index, 8 were trading in green, while 42 were in red.
Shares of SAIL, YES Bank, ONGC, Indian Oil Corp, NTPC, Tata Motors, Bank of Baroda, SBI, BEL, BHEL and Infosys were among the most traded shares on the NSE.
BSE Sensex was 298.88 points at 37865.73 .