PSU Bank shares were trading in the negative zone with the Nifty PSU Bank index down 0.68 per cent at 2924.05 on Tuesday.
Shares of Oriental Bank of Commerce (down 2.36 per cent), Bank of India (down 2.26 per cent), Union Bank of India (down 1.30 per cent) and Indian BankNSE -1.52 % (down 1.18 per cent) were the top losers in the index.
Punjab National Bank (down 1.12 per cent), State Bank of India (down 0.87 per cent) and Canara Bank (down 0.76 per cent) too were among the top laggards.
Benchmark NSE Nifty50 index was down 24.75 points at 10,859 while BSE Sensex was down 129.48 points at 36,111.52.
Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.