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    Share market update: Nifty Financial Services index flat; Sundaram Finance climbs 3%

    Synopsis

    The Nifty Financial Services index was trading flat at 13,322.75 around 02:05 pm.

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    Among the 50 stocks in the Nifty index, 20 were trading in the green, while 29 were in the red.

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    NEW DELHI: The Nifty Financial Services index was flat with most of its components trading mixed in Monday's afternoon session.

    Shares of Sundaram Finance (up 3.18 per cent), Indiabulls Housing Finance (up 1.77 per cent), Shriram Transport Finance Company (up 1.33 per cent) and State Bank of India (up 1.22 per cent) were trading higher.

    Edelweiss Financial Services (down 2.32 per cent), ICICI Prudential Life Insurance Company (down 2.28 per cent), Kotak Mahindra Bank (down 1.29 per cent) and Mahindra & Mahindra Financial Services (down 1.04 per cent) were the top losers in the index.

    The Nifty Financial Services index was trading flat at 13,322.75 around 02:05 pm.

    Benchmark NSE Nifty50 index was down 23.55 points at 11,700.55 while the BSE Sensex was down 69.86 points at 39,124.63.

    Among the 50 stocks in the Nifty index, 20 were trading in the green, while 29 were in the red.

    Shares of YES Bank, Vodafone Idea, SAIL, Emami, Dish TV India, BHEL, PNB, SBI and Bank of Baroda were among the most traded shares on the NSE.

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    The Economic Times