NEW DELHI: Shares of PSU banks were trading with gains in Friday's morning session.

Shares of Union Bank of India (up 1.58 per cent), Syndicate Bank (up 1.29 per cent), Bank of India (up 1.16 per cent) and Oriental Bank of Commerce (up 1.15 per cent) were the top gainers in the index.

Punjab National Bank (up 1.12 per cent), Canara Bank (up 1.12 per cent), Indian Bank (up 0.92 per cent) and Allahabad Bank (up 0.36 per cent) too were trading higher.

The Nifty PSU Bank index was trading 0.34 per cent up at 3077.20 around 09:58 am.

Benchmark NSE Nifty50 index was down 42.80 points at 11,871.25 while the BSE Sensex was down 133.60 points at 39,607.76.

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

Shares of YES Bank, GRUH Finance, Indiabulls Housing Finance, BHEL, PNB, SAIL, Bank of Baroda, DLF, TV18 Broadcast and Dish TV India were among the most traded shares on the NSE.

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