Stock Market

Stock market update: Private bank stocks mixed; YES Bank, HDFC Bank up with small gains

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NEW DELHI: Private bank stocks were trading mixed in Tuesday's trading session, consequently, keeping the sectoral index almost flat. The Nifty Private Bank was trading nearly flat at 15,739 around 10:40 am.

Shares of YES Bank (up 0.53 per cent), HDFC Bank (up 0.36 per cent), RBL Bank (up 0.26 per cent), IDFC Bank (up 0.24 per cent) and ICICI Bank (up 0.17 per cent) were the gainers in the index. However, South Indian Bank (down 1.10 per cent), Federal Bank (down 0.79 per cent), IndusInd Bank (down 0.52 per cent) and Axis Bank (down 0.51 per cent) were incurring losses.

Shares of Kotak Mahindra Bank (up 0.09 per cent) were trading with nominal gains around that time.

Market was fluctuating between gains and losses.

Gains in heavyweights such as Infosys, Asian Paints and HDFC Bank were offset by losses in Reliance Industries, Adani Ports and Tata Consultancy Services. The NSE Nifty50 index was up 3 points at 11,390, while the BSE Sensex was up 14 points at 37,705. Among the 50 stocks in the Nifty index, 28 were trading in the green, while 21 were in the red.




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Category: Stock Market


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