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Share market update: Nifty Financial Services index up; PFC rises 3%

NEW DELHI: The Nifty Financial Services index was up with its components trading higher in Friday’s afternoon session.

Shares of Power Finance Corporation (up 2.88 per cent) , REC (up 2.2 per cent) , State Bank of India (up 2.2 per cent) , Bajaj Holdings & Investment (up 1.98 per cent) , Axis Bank (up 1.83 per cent) , ICICI Bank (up 1.3 per cent) , Mahindra & Mahindra Financial (up 1.27 per cent) , HDFC (up 1.16 per cent) , Bajaj Finance (up 0.97 per cent) , Bajaj Finserv (up 0.5 per cent) , Cholamandalam Investment & Finance (up 0.43 per cent) , Shriram Transport Finance (up 0.35 per cent) , HDFC Bank (up 0.34 per cent) and Indiabulls Housing Finance Ltd (up 0.17 per cent) were among the top gainers.

The Nifty Financial Services index was trading 0.83 per cent up at 14643.65 around 11:55 am.

Benchmark NSE Nifty50 index was up 75.65 points at 12202.2 , while the BSE Sensex was up 255.18 points at 41,418.94.

Among the 50 stocks in the Nifty index, 37 were trading in the green, while 13 were in the red.

Shares of YES Bank, Bank of Baroda, PNB, SBI, IDFC First Bank Ltd., JSPL, SAIL and Union Bank India were among the most traded shares on the NSE.

Source: Economic Times