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Share market update: NBFC stocks mixed; Sakthi Finance slips 5%

NEW DELHI: Shares of non-banking financial companies (NBFC) were trading on a mixed note in Friday’s afternoon session.

Shares of AIIL (up 5 per cent), Baid Leasing & Finance Co (up 4.88 per cent), Sahara Housing (up 4.17 per cent), India Home Loan (up 2.43 per cent), Industrial Investment Trust (up 2.36 per cent), Indiabulls Ventures (up 1.39 per cent), Coral India Finance & Housing (up 1.32 per cent), ASHFL (up 1.31 per cent), Bajaj Finance (up 1.28 per cent), Shriram Transport Finance (up 1.19 per cent) and Bajaj Finserv (up 0.98 per cent) were trading with gains.

Meanwhile, Sakthi Finance (down 5.33 per cent), L&T Finance Holdings (down 3.95 per cent), GIC Housing Finance (down 3.57 per cent), Ind Bank Housing (down 3.33 per cent), Edelweiss Financial Services (down 3.17 per cent), Aavas (down 3 per cent), Indiabulls Housing Finance Ltd (down 2.75 per cent), VLS Finance (down 2.31 per cent), LIC Housing Finance (down 1.86 per cent), GRUH Finance (down 1.78 per cent), Repco Home Finance (down 1.53 per cent) and Aditya Birla Capital (down 1.41 per cent) were trading lower.

The NSE Nifty50 index was trading 27.20 points up at 11,010 while the 30share BSE Sensex was up 91.10 points at 37,195.38 at around 02:06 pm.

Titan Company (up 2.85 per cent), Bharat Petroleum Corporation (up 1.90 per cent), Bharti Infratel (up 1.34 per cent), Kotak Mahindra Bank (up 1.30 per cent) and Maruti Suzuki India (up 1.28 per cent) were among the top gainers in the Nifty pack.

On the other hand, Indiabulls Housing Finance (down 2.81 per cent), YES Bank (down 1.69 per cent), Dr. Reddy’s Laboratories (down 1.66 per cent) and Bharti Airtel (down 1.31 per cent) were trading in the red.

Source: Economic Times