Stock market update: Nifty Financial Services index falls 1%; HDFC AMC loses nearly 2%

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NEW DELHI: Nifty Monetary Providers index was buying and selling with losses at 11:22AM (IST) on Thursday.

Shares of ICICI Financial institution (down 2.43 per cent), HDFC Asset Administration Firm (down 1.62 per cent), HDFC (down 1.55 per cent), Axis Financial institution (down 1.four per cent) and ICICI Pru Life (down 1.22 per cent) had been the highest losers within the index.

Whereas Energy Finance Company (up 1.55 per cent), Cholamandalam Funding & Finance (up 0.49 per cent) and REC (up 0.09 per cent) had been among the many high gainers.

The Nifty Monetary Providers index was buying and selling 1.15 per cent down at 10915.15 round 11:22AM.

Benchmark NSE Nifty50 index was down 74.10 factors at 11334.3, whereas the BSE Sensex was down 307.19 factors at 38307.6.

Among the many 50 shares within the Nifty index, 16 had been buying and selling within the inexperienced, whereas 34 had been within the pink.

Shares of YES Financial institution, Zee Ent., Tata Energy, Ashok Leyland and NTPC had been among the many most traded shares on the NSE.

Shares of ABB Energy Merchandise, Essel Propack, Aditya Birla Trend (PP), KIOCL Ltd. and JSPL hit their recent 52 week excessive in immediately’s commerce, whereas CKP Leisure Ltd., SMVD Poly Pack Ltd. and CKP Merchandise Ltd. hit recent 52 week low in commerce.

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