Stock market update: Nifty Private Bank index slips 1%; Axis Bank loses over 1%

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NEW DELHI: Nifty Non-public Financial institution index was buying and selling decrease at 12:31PM (IST) on Thursday.

Shares of ICICI Financial institution (down 2.62 per cent), Axis Financial institution (down 1.46 per cent), Kotak Mahindra Financial institution (down 1.1 per cent), IndusInd Financial institution (down 0.67 per cent) and Federal Financial institution (down 0.64 per cent) had been the highest losers within the index.

Whereas RBL Financial institution (up 2.25 per cent), Metropolis Union Financial institution (up 0.77 per cent) and IDFC Financial institution (up 0.16 per cent) had been among the many prime gainers.

The Nifty Non-public Financial institution index was buying and selling 1.06 per cent down at 12063.15 round 12:31PM.

Benchmark NSE Nifty50 index was down 69.35 factors at 11339.05, whereas the BSE Sensex was down 284.16 factors at 38330.63.

Among the many 50 shares within the Nifty index, 19 had been buying and selling within the inexperienced, whereas 31 had been within the crimson.

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), JSPL and Torrent Energy hit their recent 52 week excessive in in the present day’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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