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Share market update: PSU Bank shares gain; Bank of Baroda surges 11%

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

Shares of Bank of Baroda (up 11.38 per cent) , Canara Bank (up 6.92 per cent) , Indian Bank (up 6.16 per cent) and Bank of India (up 5.74 per cent) were the top performers in the index.

Syndicate Bank (up 5.48 per cent) , State Bank of India (up 4.88 per cent) , Oriental Bank of Commerce (up 4.65 per cent) and Punjab National Bank (up 4.49 per cent) too were trading higher.

The Nifty PSU Bank index was trading 6.59 per cent up at 3363.55 around 10:03 am.

Benchmark NSE Nifty50 index was up 209.45 points at 11,947.35 while the BSE Sensex was up 715.14 points at 39,825.35.

Among the 50 stocks in the Nifty index, 43 were trading in the green, while 7 were in the red.

Shares of Bank of Baroda, SBI, YES Bank, Vodafone Idea, Adani Enterprises, Adani Power, ICICI Bank, PNB, DLF and BEL were among the most traded shares on the NSE.

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Source: Economic Times