NEW DELHI: Shares of PSU banks were trading higher in Thursday's morning session.

Shares of Union Bank of India (up 3.98 per cent), Central Bank of India (up 2.0 per cent), Indian Overseas Bank (up 1.75 per cent), Bank of Maharashtra (up 1.43 per cent) and Punjab & Sind Bank (up 1.39 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 0.17 per cent up at 1,869.05.

Benchmark NSE Nifty50 index was up 39.55 points at 11290.55 , while the BSE Sensex was up 147.98 points at 38557.46 .

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

Shares of YES Bank, Vodafone Idea, Tata Motors, SBI, Ashok Leyland, GMR Infra, Vedanta , SAIL and GAIL were among the most traded shares on the NSE.