NEW DELHI: Shares of PSU banks were trading in the negative zone in Monday's afternoon session.

Shares of IDBI Bank (down 6.12 per cent), Vijaya Bank (down 2.03 per cent), Bank of Baroda (down 1.98 per cent) and Syndicate Bank (down 1.76 per cent) were trading with losses.

Bank of India (down 1.43 per cent), Punjab National Bank (down 1.43 per cent), Union Bank of India (down 1.31 per cent) and Canara Bank (down 0.81 per cent) too were trading in the red.

The Nifty PSU Bank index was trading 0.54 per cent down at 2679.90 around 02:01 pm.

Benchmark NSE Nifty50 index was down 69.20 points at 10,655.20 while the BSE Sensex was down 229.35 points at 35,579.60.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 35 were in the red.

Shares of YES Bank, ITC, Ashok Leyland, Vedanta , SAIL, Vodafone Idea, SBI, ONGC, NTPC, ICICI Bank, Tata Motors and RIL were among the most traded shares on the NSE.