Stock Market

Share market update: Bank shares gain; Federal Bank rises over 3%

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NEW DELHI: Bank shares were trading in the positive zone in Wednesday's morning session. Shares of Federal Bank (up 3.72 per cent), YES Bank (up 2.58 per cent), IndusInd Bank (up 1.93 per cent) and Axis Bank (up 1.42 per cent) were the top gainers in the index.

Punjab National Bank (up 1.38 per cent), Bank of Baroda (up 1.22 per cent), State Bank of India (up 1.09 per cent) and ICICI Bank (up 0.98 per cent) too were trading higher.

The Nifty Bank index was trading 0.37 per cent up at 27,831.75 around 09:47 am.

Benchmark NSE Nifty50 index was up 42.50 points at 10,968.35 while the BSE Sensex was up 147.15 points at 37,105.31.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.




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Category: Stock Market


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