NEW DELHI: Shares of PSU banks were trading in the negative zone in Monday's morning session. Shares of Central Bank of India (down 1.58 per cent), Indian Bank (down 0.83 per cent) and Bank of Baroda (down 0.47 per cent) were trading with losses. Syndicate Bank (down 0.27 per cent) State Bank of India (down 0.03 per cent) and Punjab National Bank (down 0.03 per cent) too were trading lower.

The Nifty PSU Bank index was trading 0.16 per cent down at 3013.30 around 10:54 am.

Benchmark NSE Nifty50 index was down 64.40 points at 11,354.85 while the BSE Sensex was down 263.71 points at 38,073.30.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, Indian Oil Corp, L-T Fin Holding, Ashok Leyland, Tata Motors, Vedanta, IDFC First Bank and SAIL were among the most traded shares on the NSE.