Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.
Stock Analysis, IPO, Mutual Funds, Bonds & More

Share market update: NBFC stocks mixed; IIFL Finance surges 8%

The NSE Nifty50 index was trading 82 points up at 11,954.10.|
Updated: Nov 15, 2019, 02.31 PM IST
Getty Images
The 30-share BSE Sensex was up 301.48 points at 40,587.96 at around 02:18 pm.
NEW DELHI: Shares of non-banking financial companies (NBFC) were trading on a mixed note zone in Friday's afternoon session.

IIFL Finance Ltd (up 8.48 per cent) , Cholamandalam Investment & Finance (up 5.85 per cent), Finkurve Financial Services (up 5.00 per cent) , AIIL (up 4.97 per cent) , Motilal Oswal Financial Services (up 4.72 per cent) , Alps Motor Finance Ltd (up 4.55 per cent) , Sundaram Finance (up 3.83 per cent) , SRG Housing Finance (up 3.34 per cent) , Ind Bank Housing (up 3.07 per cent) , Edelweiss Financial Services (up 2.34 per cent) , Spandana Sphoorty Financial (up 2.21 per cent) and Can Fin Homes (up 2.05 per cent) were the top performers in the index.

Coral India Finance & Housing (down 16.55 per cent) , Magma Fincorp (down 5.25 per cent) , Centrum Capital (down 5.20 per cent) , Reliance Home (down 4.98 per cent) , Reliance Capital (down 4.97 per cent) , Dewan Housing Finance Corporation (down 4.92 per cent) , Garnet International (down 4.89 per cent) , GIC Housing Finance (down 2.00 per cent) , PNB Housing Finance (down 1.91 per cent) , Muthoot Finance (down 1.47 per cent) , Repco Home Finance (down 1.26 per cent) , Mahindra & Mahindra Financial (down 1.13 per cent) , Indiabulls Ventures (down 0.94 per cent) and SREI Infrastructure Finance (down 0.77 per cent) were trading lower.

The NSE Nifty50 index was trading 82 points up at 11,954.10 while the 30share BSE Sensex was up 301.48 points at 40,587.96 at around 02:18 pm.

Bharti Infratel (up 8.03 per cent) , Bharti Airtel (up 7.72 per cent) , State Bank of India (up 5.51 per cent) and Grasim Industries (up 3.58 per cent) were among the top gainers in the Nifty pack.

On the other hand, Indian Oil Corporation (down 3.14 per cent) , UPL (down 2.57 per cent) , IndusInd Bank (down 1.13 per cent) and Bharat Petroleum Corporation (down 1.07 per cent) were trading in the red.

Also Read

NBFC stress to hurt banks badly, says Fitch

NBFC crisis is far from over

Government measures fail to stem slide in NBFC credit

NBFC/HFC bankruptcy provisions positive for banks: Moody's

PaySense explores lending opportunity, acquires an NBFC

Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service