NEW DELHI: PSU bank stocks Allahabad Bank (down 2.37 per cent), Canara Bank (down 1.93 per cent) and Oriental Bank of Commerce (down 1.43 per cent) were trading in the negative terrain in morning trade on Friday, keeping the sectoral index in the red.

The Nifty PSU Bank was trading 0.80 per cent down at 2,887 around 10:05 am (IST).

Shares of Bank of Baroda (down 0.82 per cent), Syndicate Bank (down 0.81 per cent), State Bank of India (down 0.74 per cent), Andhra Bank (down 0.63 per cent), Union Bank of India (down 0.47 per cent) and Bank of India (down 0.25 per cent) were also among the losers in the PSU bank index.

IDBI Bank (up 0.94 per cent) and Punjab National Bank (up 0.05 per cent) were the two stocks that were in the green in the index around that time.

Equity benchmarks were in the green, tracking positive global cues, after the worries over a trade war eased.

The NSE Nifty50 index was up 44 points at 10,287, while the BSE Sensex was up 147 points at 33,499.

Among the 50 stocks in the Nifty50 index, 37 were trading in the green, while 13 were in the red.