India Finance News

Share market update: Nifty Financial Services index down; Edelweiss falls 2%

NEW DELHI: The Nifty Financial Services index was down with its components trading lower in Tuesday’s afternoon session.

Shares of Indiabulls Housing Finance Ltd (up 1.42 per cent) , Axis Bank (up 1.37 per cent) , Mahindra & Mahindra Financial (up 0.87 per cent) , REC (up 0.53 per cent) , ICICIGI (up 0.38 per cent) , State Bank of India (up 0.24 per cent) , Power Finance Corporation (up 0.18 per cent) , Bajaj Finance (up 0.18 per cent) and Cholamandalam Investment & Finance (up 0.16 per cent) were among the top gainers.

While Edelweiss Financial Services (down 2.43 per cent) , Kotak Mahindra Bank (down 0.85 per cent) , HDFC Bank (down 0.84 per cent) , ICICI Bank (down 0.55 per cent) , HDFC (down 0.51 per cent) , Bajaj Holdings & Investment (down 0.5 per cent) , Shriram Transport Finance (down 0.31 per cent) , ICICI PRU LIFE (down 0.26 per cent) , HDFC LIFE INSURANCE (down 0.15 per cent) , Bajaj Finserv (down 0.13 per cent) and SBI Life (down 0.05 per cent) were the top losers in the index.

The Nifty Financial Services index was trading 0.35 per cent down at 14,599 around 11:53 am.

Benchmark NSE Nifty50 index was down 35.50 points at 12220.35 , while the BSE Sensex was down 116.91 points at 41,441.09.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

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

Source: Economic Times

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