Share market update: Bank shares slip; IndusInd Bank dips over 1%


NEW DELHI: Bank shares were trading with losses in Friday’s morning session.

Shares of IndusInd Bank (down 1.60 per cent), YES BankNSE -3.25 % (down 1.42 per cent), ICICI BankNSE -0.87 % (down 1.35 per cent) and RBL Bank (down 1.10 per cent) were the top losers in the index.

Federal Bank (down 0.88 per cent), HDFC Bank (down 0.58 per cent), Kotak Mahindra Bank (down 0.22 per cent) and Axis Bank (down 0.14 per cent)

The Nifty Bank index was trading 0.52 per cent down at 31,108.20 around 11:03 am.

Benchmark NSE Nifty50 index was down 28.50 points at 11,813.05 while the BSE Sensex was down 84.55 points at 39,501.86.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of PFC, YES Bank, PNB, Bank of Baroda, Union Bank India, Dish TV India, SAIL, Vodafone Idea, Ashok Leyland and Bank of India were among the most traded shares on the NSE