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Share market update: Private bank shares rise; YES Bank jumps 5%

NEW DELHI: Shares of Private banks were trading with gains in Friday’s afternoon session.

Shares of YES Bank (up 5.36 per cent) , DCB Bank (up 2.72 per cent) , IDFC First Bank (up 1.35 per cent) and Axis Bank (up 1.26 per cent) were the top performers in the index.

IndusInd Bank (up 1.21 per cent) , RBL Bank (up 1.12 per cent) , Federal Bank (up 0.89 per cent) and Kotak Mahindra Bank (up 0.62 per cent) too were trading higher.

The Nifty Private Bank index was trading 0.67 per cent up at 15,717.35 around 12:15 pm.

Benchmark NSE Nifty50 index was up 6.25 points at 11,035.65 while the BSE Sensex was up 9.44 points at 37,320.97.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 24 were in the red.

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

Source: Economic Times