NEW DELHI: Shares of PSU banks Union Bank of India (down 2.71 per cent), IDBI Bank (down 2.63 per cent), Bank of India (down 1.93 per cent) and Punjab National Bank (down 1.44 per cent) were trading in the red in afternoon trade on Tuesday.

The Nifty PSU Bank index was trading 0.68 per cent down at 3,948 around 12:45 pm (IST).

Shares of Canara Bank (down 1.31 per cent), Oriental Bank of Commerce (down 1.22 per cent), Syndicate Bank (down 1.11 per cent), Allahabad Bank (down 0.84 per cent) and State Bank of India (down 0.56 per cent) were also in the red.

Bank of Baroda (up 1.42 per cent) was the only component in the Nifty PSU Bank index that was trading in the green around that time.

Benchmark NSE Nifty50 index was 40 points down at 10,185, while the BSE Sensex was 101 points down at 32,933.

Among the 51 stocks in the Nifty50 index, 20 were trading in the green, while 30 were in the red.

Shares of Lupin, Hero MotoCorp, Cipla, Axis Bank, Bajaj Auto and UPL were among the top gainers in the Nifty50 index.

However, Bharti Infratel, Indian Oil Corporation, Bharat Petroleum Corporation, Larsen & Toubro, Hindustan Petroleum Corporation and IndusInd Bank were among the top losers among the Nifty stocks.