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Share market update: Nifty Services sector index up; SBI gains 2%

NEW DELHI: The Nifty Services sector index was trading in the green in Friday’s afternoon session.

Shares of GAIL (India) (up 2.71 per cent), State Bank of India (up 2.1 per cent), NTPC (up 1.8 per cent), Infosys (up 1.7 per cent), Bajaj Finance (up 1.06 per cent), HDFC Bank (up 1.06 per cent), Kotak Mahindra Bank (up 1.01 per cent), LIC Housing Finance (up 0.88 per cent), Axis Bank (up 0.75 per cent) and HCL Technologies (up 0.63 per cent) were among the top gainers.

While Yes Bank (down 3.17 per cent), Zee Entertainment (down 1.3 per cent), HDFC Life Insurance (down 0.86 per cent), ICICI Bank (down 0.58 per cent), Power Grid Corporation of India (down 0.23 per cent), Federal Bank (down 0.06 per cent), Wipro (down 0.06 per cent) and Indiabulls Housing Finance Ltd (down 0.05 per cent) were the top losers in the index.

The Nifty Services Sector index was trading 0.64 per cent up at 17646.5 around 12:06 pm.

Benchmark NSE Nifty-50 index was up 90.20 points at 12306.1, while the BSE Sensex was up 309.02 points at 41761.37.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of YES Bank, Vodafone Idea, Bharti Airtel, SAIL, SBI, Tata Motors, GMR Infra, Indiabulls Housing Finance, Bank of Baroda and Vedanta were among the most traded shares on the NSE.

Source: Economic Times