Share market update: ICICI, Axis, YES Bank keep Nifty Private Bank index up

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Gains in ICICI Bank (up 3.13 per cent), Axis Bank (up 1.78 per cent), IDFC Bank (up 1.58 per cent) and YES Bank (up 0.99 per
cent) were keeping the Nifty Private Bank index in the green in Monday's trading session. The Nifty Private Bank index was trading 0.82 per
cent up at 15,749 around 10:40 am
Shares of HDFC Bank (up 0.55 per cent) and South Indian Bank (up 0.55 per cent) too were in the green in the index. However, Kotak Mahindra
Bank (down 1.12 per cent), RBL Bank (down 0.31 per cent) and IndusInd Bank (down 0.15 per cent) were down around that time
Equity benchmarks were trading in the positive terrain on gains in select bank, energy, metal and auto stocks amid broadly positive global
cues. Heavyweights ICICI Bank, State Bank of India, HDFC Bank, Axis Bank and Reliance Industries were boosting the benchmark
indices. However, losses in Infosys, Kotak Mahindra Bank, Hindustan Unilever, Sun Pharma and IndusInd Bank dragged Sensex and Nifty down
from their record highs. Benchmark NSE Nifty50 index was up 41 points at 11,402, while the BSE Sensex was up 181 points at 37,738. Among the
50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red
ICICI Bank, UPL, State Bank of India, Axis Bank and Tech Mahindra were leading among Nifty scrips. Lupin, Hindustan Unilever, Sun Pharma,
Dr
Reddy's Laboratories and Kotak Mahindra Bank were among the top losers in the Nifty index.