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    Stock market update: Bank shares slump; IndusInd Bank dips 2%

    Synopsis

    The Nifty Bank index was trading 0.54 per cent down at 30,268.85.

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    Benchmark NSE Nifty50 index was down 79.85 points at 11,718.05 , while the BSE Sensex was 258.37 points at 40,022.83.
    NEW DELHI: Shares of banking firms were trading with losses in Wednesday's morning session.

    Shares of IndusInd Bank (down 1.86 per cent), Federal Bank (down 1.16 per cent), ICICI Bank (down 0.73 per cent), HDFC Bank (down 0.71 per cent) and Punjab National Bank (down 0.7 per cent) were among the top losers.

    Kotak Mahindra Bank (down 0.53 per cent), IDFC Bank (down 0.51 per cent) and Bank of Baroda (down 0.19 per cent) too were in the red.

    While RBL Bank(up 1.49 per cent), YES Bank (up 0.28 per cent), State Bank of India (up 0.15 per cent) and Axis Bank (up 0.01 per cent) were among the top gainers.

    The Nifty Bank index was trading 0.54 per cent down at 30,268.85 around 10:23 am.

    Benchmark NSE Nifty50 index was down 79.85 points at 11,718.05 , while the BSE Sensex was 258.37 points at 40,022.83.

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

    Shares of Vodafone Idea, YES Bank, Tata Motors, Ashok Leyland, SBI, Indiabulls Housing, JSPL, GMR Infra, SAIL and PNB were among the most traded shares on the NSE.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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