Share market update: Private bank shares mixed; Yes Bank slips 4%

Source: economictimes.indiatimes.com

NEW DELHI: Shares of Private banks were trading mixed in Wednesday’s afternoon session. 

Shares of HDFC Bank (up 0.80 per cent), DCB Bank (up 0.33 per cent), ICICI Bank (up 0.31 per cent) and Kotak Mahindra Bank (up 0.19 per cent) were trading higher. 

YES Bank (down 3.79 per cent), IDFC First Bank (down 3.34 per cent), RBL Bank (down 2.13 per cent) and Federal Bank (down 0.94 per cent) were trading with losses. 

The Nifty Private Bank index was trading 0.03 per cent down at 15,633.15 around 11:48 AM. 

Benchmark NSE Nifty50 index was down 25.50 points at 10,991.5, while the BSE Sensex was down 43.28 points at 37,284.73. 

Among the 50 stocks in Nifty index, 15 were trading in green, while 35 were in red. 

Shares of YES Bank, Idea Cellular, Tata Motors, SAIL, NMDC, BHEL, Ashok Leyland, Bank of Baroda and SBI were among the most traded securities on the NSE