Market Now: PSU Bank stocks mixed; IDBI Bank up 3%

ETMarkets.com|
Updated: Mar 06, 2018, 10.21 AM IST
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Market Now: PSU Bank stocks mixed; IDBI Bank up 3%
The NSE Nifty50 index was up 53 points at 10,412, while the BSE Sensex was up 178 points at 33,925.
NEW DELHI: PSU bank stocks IDBI Bank (up 3.07 per cent), Bank of Baroda (up 0.54 per cent) and Oriental Bank of Commerce (up 0.31 per cent) were in the green during morning trade on Tuesday.

Shares of Syndicate Bank (up 0.17 per cent), Punjab National Bank (up 0.15 per cent), Andhra Bank (up 0.11 per cent) and Allahabad Bank (up 0.10 per cent) were also trading up.

However, Bank of India (down 0.63 per cent), Canara Bank (down 0.41 per cent) and State Bank of India (down 0.21 per cent) were in the red.

The Nifty PSU Bank index was trading 0.04 per cent up at 3,025 around 10:10 am (IST).

Benchmark indices opened on a firm note on Tuesday amid ease in concerns over US President Donald Trump-led 'trade war'.

Most Asian markets mirrored gains seen on US stocks in overnight trade.

The NSE Nifty50 index was up 53 points at 10,412, while the BSE Sensex was up 178 points at 33,925.

Among the 50 stocks in the Nifty50 index, 34 were trading in the green, while 16 were in the red.
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