Market Now: Karnataka Bank, South Indian Bank, YES Bank drag Nifty Private Bank index down - News Summed Up

Market Now: Karnataka Bank, South Indian Bank, YES Bank drag Nifty Private Bank index down


NEW DELHI: Shares of Karnataka Bank (down 1.53 per cent), South Indian Bank (down 1.19 per cent) and YES Bank (down 1 per cent) were down in morning trade on Friday, dragging the Nifty Private Bank index into the negative zone.The Nifty Private Bank index was trading 0.10 per cent down at 13,853 around 10:15 am (IST).Shares of Axis Bank (down 0.20 per cent), ICICI Bank (down 0.19 per cent) and Kotak Mahindra Bank (down 0.11 per cent) were also trading down.However, Shares of IDFC Bank (up 1.72 per cent), Federal Bank (up 0.27 per cent), IndusInd Bank (up 0.19 per cent) and HDFC Bank (up 0.11 per cent) were trading with gains in the index.Equity benchmarks were in the green, tracking positive global cues, after the worries over a trade war eased.The NSE Nifty50 index was up 36 points at 10,279, while the BSE Sensex was up 119 points at 33,471.Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.Aurobindo Pharma, Hero MotoCorp, Bajaj Finance, Mahindra & Mahindra and Bharti Airtel were among the top gainers in the Nifty pack of stocks, while NTPC, Tata Steel, State Bank of India, YES Bank and BPCL were among the top losers.


Source: Economic Times March 09, 2018 04:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */