Stock market update: Nifty PSU Bank index jumps over 2%; Bank of Maharashtra surges 11%

NEW DELHI: Nifty PSU Bank index was trading on a positive note at 12:41PM (IST) on Friday.

Shares of Bank of Maharashtra (up 10.93 per cent), UCO Bank (up 4.01 per cent), Punjab & Sind Bank (up 3.8 per cent), Indian Overseas Bank (up 3.51 per cent) and Punjab National Bank (up 3.42 per cent) were among the top gainers.

The Nifty PSU Bank index was trading 2.31 per cent up at 1490.75 around 12:41PM.

Benchmark NSE Nifty50 index was up 92.75 points at 11404.95, while the BSE Sensex was up 320.65 points at 38541.04.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 7 were in the red.

Shares of BHEL, YES Bank, NTPC, Vodafone Idea and Zee Ent. were among the most traded shares on the NSE.

Shares of BASF India, Indiabulls Ventures (PP), Aarti Drugs, Affle (India) Ltd. and Alkyl Amines hit their fresh 52-week high in today’s trade, while hit fresh 52-week low in trade.