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Share market update: Private bank shares mixed; YES Bank soars over 26%


NEW DELHI: Shares of private sector banks were trading mixed in Thursday’s afternoon session.

Shares of YES Bank (up 26.41 per cent), South Indian Bank (up 2.70 per cent), IDFC First Bank (up 1.59 per cent) and IndusInd Bank (up 1.39 per cent) were trading in the green.

HDFC Bank (down 1.15 per cent), RBL Bank (down 0.78 per cent), Kotak Mahindra Bank (down 0.73 per cent) and Federal Bank (down 0.25 per cent) were trading with losses.

The Nifty Private Bank index was trading 0.81 per cent up at 15,381 around 02:12 pm.

Benchmark NSE Nifty50 index was down 24 points at 10,769.65 while the BSE Sensex was down 54.98 points at 35,979.13.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 27 were in the red.

Shares of YES Bank, Ashok Leyland, NTPC, SBI, Indian Oil Corp, ONGC, NHPC, Vodafone Idea, PowerGrid and BEL were among the most traded shares on the NSE.

Source: Economic Times