Stock market update: Private banks advance; RBL Bank over 1%
The Nifty Private Bank index was trading 0.57 per cent up at 17,111.15.
Shares of RBL Bank (up 1.54 per cent), IDFC First Bank (up 1.08 per cent), Kotak Mahindra Bank (up 0.95 per cent) were the top gainers.
ICICI Bank (up 0.73 per cent), IndusInd Bank (up 0.69 per cent), YES Bank (up 0.51 per cent) and Federal Bank (up 0.47 per cent) too were trading with gains.
The Nifty Private Bank index was trading 0.57 per cent up at 17,111.15 around 09:39 am.
Benchmark NSE Nifty50 index was up 48.35 points at 11,920.45, while BSE Sensex was up 187.69 points at 40,474.17.
Among the 50 stocks in the Nifty index, 41 were trading in the green, while 9 were in the red.
Shares of Vodafone Idea, YES Bank, Ashok Leyland, SBI, SAIL, Tata Motors, PNB, Bharti Airtel, Union Bank India and ICICI Bank were among the most traded shares on the NSE.