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NEW DELHI: Most bank stocks, including Bank of Baroda (BoB) (down 2.60 per cent), YES Bank (down 2.47 per cent) and Federal Bank (down 1.81 per cent), were suffering losses in morning trade, weighing on the sectoral index during Tuesday's session of trade.
The Nifty Bank index was trading 0.19 per cent down at 28,212 around 10:45 am.
RBL Bank (down 1.57 per cent), Punjab National Bank (down 1.35 per cent), Axis Bank (down 0.62 per cent) and State Bank of India (down 0.54 per cent) too were among the losers.
However, Kotak Mahindra Bank (up 0.91 per cent), IndusInd Bank (up 0.56 per cent) and IDFC Bank (up 0.42 per cent) were trading with gains, while shares of ICICI Bank (down 0.06 per cent) and HDFC Bank (down 0.02 per cent) were volatile.
Equity market benchmarks Sensex and Nifty hit fresh record highs on Tuesday in the wake of rising global stocks.
The NSE Nifty50 index was up 38 points at 11,729.95, while the BSE Sensex was up 131.05 points at 38,825.16.
Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.
NTPC, Hindalco Industries, Cipla, Tata Motors and Maruti Suzuki India were among the top gainers, while YES Bank, Titan Company, Hero MotoCorp and Bharti Infratel were among the top losers in the Nifty index.
