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Share market update: PSU shares trade higher; PFC up 3%

NEW DELHI: Shares of PSU were trading in the green in Friday’s afternoon session.

Shares of Power Finance Corporation (up 2.97 per cent) , Power Grid Corporation of India (up 2.38 per cent) , REC (up 2.24 per cent) , HPCL (up 2.03 per cent) , Bharat Petroleum Corporation (up 2.01 per cent) , Indian Oil Corporation (up 1.52 per cent) , New Indian Assurance (up 1.23 per cent) , Oil India (up 1.14 per cent) , Coal India (up 1.09 per cent) , Bharat Heavy Electricals (up 1.06 per cent) , Container Corporation of India (up 1.0 per cent) , Bharat Electronics (up 0.96 per cent) , GAIL (India) (up 0.59 per cent) , General Insurance (up 0.33 per cent) , NHPC (up 0.21 per cent) , NTPC (up 0.09 per cent) and Oil & Natural Gas Corporation (up 0.04 per cent) were among the top gainers.

The Nifty PSE index was trading 1.14 per cent up at 3183.65 around 12:27 pm.

Benchmark NSE Nifty50 index was up 81.85 points at 12208.4 , while the BSE Sensex was up 276.41 points at 41440.17 .

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

Shares of YES Bank, Bank of Baroda, PNB, SBI, IDFC First Bank Ltd., JSPL, SAIL and Union Bank India were among the most traded shares on the NSE.

Source: Economic Times