Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Financial Service index's over 1 per cent fall.
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Punjab National Bank Share Price: On Tuesday, May 11, Punjab National Bank opened on the BSE at Rs 35, witnessing an intra day high of Rs 35.35, and an intra day low of Rs 33.75
The domestic stock market seemed on course to snap a four-session rally, on the back of weakness in metal and financial shares; the Nifty Metal index has dropped 3 per cent and Nifty Bank index slid 1.6 per cent
Currently, the country's largest bank offers interest rate starting from 2.9 per cent on fixed deposit of 7 days to 45 days and maximum interest rate.
Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Metal index's over 4 per cent gain.
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long-drawn-out tussle with the Indian government over its retrospective tax claims.
Mid- and small-cap shares witnessed buying interest as Nifty Midcap 100 index rose 1 per cent and Nifty Smallcap 100 index advanced 0.45 per cent.
Share market updates: Nine of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Pharma index's nearly 4 per cent gain.
The Indian equity benchmarks moved higher on Tuesday paced by gains in banking and financial services shares.
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