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    Share market update: Private Bank shares fall; RBL Bank down 2%

    Synopsis

    The Nifty Private Bank index was trading 0.72 per cent down at 17,095.70 around 12:32 pm.

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    Among the 50 stocks in the Nifty index, 15 were trading in the green, while 34 were in the red.

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    NEW DELHI: Shares of Private banks were trading with losses in Wednesday's afternoon session.

    Shares of RBL Bank (down 2.15 per cent) , YES Bank (down 1.51 per cent) , Axis Bank (down 1.17 per cent) and IndusInd Bank (down 1.02 per cent) were the top losers in the index.

    HDFC Bank (down 0.50 per cent) , IDFC First Bank (down 0.47 per cent) , ICICI Bank (down 0.46 per cent) and DCB Bank (down 0.27 per cent) too were trading lower.

    The Nifty Private Bank index was trading 0.72 per cent down at 17,095.70 around 12:32 pm.

    Benchmark NSE Nifty50 index was down 2.55 points at 11,910.90 while the BSE Sensex was up 8.52 points at 40,353.60.

    Among the 50 stocks in the Nifty index, 15 were trading in the green, while 34 were in the red.

    Shares of YES Bank, Vodafone Idea, Ashok Leyland, JSPL, Tata Motors, BHEL, SAIL, RBL Bank and SBI were among the most traded shares on the NSE.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    1 Comment on this Story

    Niveza Equity Research321 days ago
    Private Lender, Yes Bank stock is in news today in line with the event that chairman of Hero Corporate Services Ltd, Sunil Munjal and veteran investment banker and founder of DSP Group, Hemendra Kothari, likely to pick 5-10% stake each in the Yes Bank. It will be a positive factor for cash- starved private lender. But the opaque atmosphere around the stock is still there which makes it ambiguous and risky.
    Search Google for Niveza FREE Share Market Tips today.
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