Stock Market

Share market update: Bank shares trade higher; YES Bank jumps 3%

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NEW DELHI: Bank shares were trading higher with the Nifty Bank index trading 0.18 per cent up at 26,161.4 on Wednesday.

Shares of YES Bank (up 3.46 per cent), Bank of Baroda (up 2.68 per cent), State Bank of India (up 1.48 per cent) and Punjab National Bank (up 1.47 per cent) were the top performers in the index.

Federal Bank (up 1.31 per cent), Axis Bank (up 1.26 per cent) and IDFC Bank (up 0.70 per cent) too were trading in the green. Benchmark NSE Nifty50 index was down 69.55 points at 10,586.65 while BSE Sensex was 290.82 points at 35,183.69 around 11:54 am.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Shares of YES Bank, Idea Cellular, Indian Oil Corp, Bank of Baroda, ICICI Bank, HPCL, Ashok Leyland, Vedanta, Infosys, Hindalco Inds., SBI and Indiabulls Housing Finance were among the most traded shares on the NSE.




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Category: Stock Market


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