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PSU bank stocks: Stock market update: Nifty PSU Bank index climbs nearly 2%; Indian Overseas Bank surges 10%

Bank of India (up 7.28 per cent), Punjab & Sind Bank (up 4.82 per cent) and Central Bank of India (up 4.8 per cent) were among the top gainers. The Nifty PSU Bank index was trading 1.63 per cent up at 2379.15 around 02:00PM. Benchmark NSE Nifty50 index was up 27.65 points at 14965.75, while the BSE Sensex was up 69.23 points at 50474.55. Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red. Shares of Vodafone Idea, PNB, ONGC, GAIL and YES Bank were among the most traded shares on the NSE. Shares of DCM Shriram , Elgi Equipments, Grindwell Norton, Blue Dart Express and Adani Power hit their fresh 52-week high in today s trade, while B C Power Controls Ltd., Kavveri Telecom Products Ltd. and Marine Electricals (India) Ltd. hit fresh 52-week low in trade.

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