PSU banks extend gain; Uco Bank, Dena Bank up 5%

At 01:19 pm; Nifty PSU Bank index was up 0.36% at 2,981, extending its past two days 3% gain on the NSE

Shares of select public sector undertaking (PSU) banks were quoting higher for the third straight trading days ahead of the finance Minister Piyush Goyal meeting today with the chief executives of 15 public sector banks (PSBs) in Mumbai.

Dena Bank, Uco Bank and Corporation Bank were up 5% each, while Punjab National Bank (PNB), Bank of Maharashtra, Indian Overseas Bank, Andhra Bank and Allahabad Bank were up in the range of 3% to 4%. Shares of State Bank of India (SBI) however, trading 0.17% lower at Rs 269 on the National Stock Exchange (NSE).

At 01:19 pm; Nifty