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Stock market update: Private banks mixed; YES Bank jumps 3%

NEW DELHI: Private bank shares were trading on a mixed note in Friday’s morning session.

Shares of Yes Bank (up 3.11 per cent), RBL Bank (up 1.69 per cent), ICICI Bank (up 1.25 per cent) and Federal Bank (up 0.75 per cent) were among the top gainers.

While Kotak Mahindra Bank (down 0.68 per cent), IDFC Bank (down 0.34 per cent), HDFC Bank (down 0.31 per cent) and City Union Bank (down 0.22 per cent) were the top losers in the index.

The Nifty Private Bank index was trading 0.23 per cent up at 17,864.75 around 10:11 am.

Benchmark NSE Nifty50 index was up 27.55 points at 12,287.25, while the BSE Sensex was up 93.26 points at 41,767.18.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of YES Bank, Vodafone Idea, SBI, Indiabulls Housing, BHEL, Bank of Baroda, Tata Motors, Bharti Infratel, JSPL and SAIL were among the most traded shares on the NSE.

Source: Economic Times