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Share market update: Private bank shares fall; Yes Bank down 2%

NEW DELHI: Most of the private banks were trading with losses in Thursday’s afternoon session.

Shares of Yes Bank (down 1.76 per cent) , IndusInd Bank (down 0.92 per cent) , Kotak Mahindra Bank (down 0.6 per cent) , IDFC BANK (down 0.57 per cent) , Axis Bank (down 0.52 per cent) , RBL BANK (down 0.42 per cent) , HDFC Bank (down 0.39 per cent) and ICICI Bank (down 0.11 per cent) were the top losers in the index.

The Nifty Private Bank index was trading 0.43 per cent down at 17,763.45 around 12:14 pm.

Benchmark NSE Nifty50 index was down 25.40 points at 12189.15 , while the BSE Sensex was down 96.74 points at 41364.52 .

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of YES Bank, SAIL, JSPL, Vedanta , Tata Motors, SBI, Tata Steel and Union Bank India were among the most traded shares on the NSE.

Source: Economic Times