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Share market update: Bank shares down; Kotak Bank dips 1%

NEW DELHI: Bank shares were trading with losses in Tuesday’s morning session.

Shares of Kotak Mahindra Bank (down 0.79 per cent) , IndusInd Bank (down 0.74 per cent) , IDFC BANK (down 0.67 per cent) , HDFC Bank (down 0.64 per cent) , Federal Bank (down 0.63 per cent) , Bank of Baroda (down 0.58 per cent) , RBL BANK (down 0.54 per cent) , ICICI Bank (down 0.5 per cent) , Punjab National Bank (down 0.39 per cent) and State Bank of India (down 0.09 per cent) were the top losers in the index.

The Nifty Bank index was trading 0.43 per cent down at 32216.9 around 09:54 am.

Benchmark NSE Nifty50 index was down 42.30 points at 12213.55 , while the BSE Sensex was 144.58 points at 41413.42.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, Ashok Leyland, SAIL, SBI, JSPL, Bank of Baroda and Spicejet were among the most traded shares on the NSE.

Source: Economic Times