12,080.85-45.05
Stock Analysis, IPO, Mutual Funds, Bonds & More

Stock market update: Private banks edge higher; Federal Bank climbs 2%

The Nifty Private Bank index was trading 0.14 per cent up at 17,185.55.

ETMarkets.com|
Last Updated: Jan 21, 2020, 09.49 AM IST
0Comments
Getty Images
banking
Benchmark NSE Nifty50 index was down 4.85 points at 12,219.7, while the BSE Sensex was 29.12 points at 41,499.79.
NEW DELHI: Shares of private banks were trading with gains in Tueday's morning session.

Shares of Federal Bank (up 2.29 per cent), RBL Bank (up 1.57 per cent), IDFC Bank (up 0.81 per cent), YES Bank (up 0.65 per cent), ICICI Bank (up 0.62 per cent), IndusInd Bank (up 0.42 per cent) and Axis Bank (up 0.28 per cent) were the gainers in the index.

While HDFC Bank (down 0.61 per cent), Kotak Mahindra Bank (down 0.26 per cent) and City Union Bank (down 0.06 per cent) were the top losers in the index.

The Nifty Private Bank index was trading 0.14 per cent up at 17,185.55 around 09:45 am.

Benchmark NSE Nifty50 index was down 4.85 points at 12,219.7, while the BSE Sensex was 29.12 points at 41,499.79.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.

Shares of Vodafone Idea, YES Bank, Federal Bank, Bharti Infratel, SBI, IDFC First Bank, NBCC, Indian Oil Corp, Bharti Airtel and Zee Entertainment were among the most traded shares on the NSE.

Also Read

Momentum slowing down in Nifty Private Bank index

Stock market update: Private banks advance; Federal Bank gains 3%

Stock market update: Private banks plummet; YES Bank slides 5%

Performance on MUDRA loans: PSBs vs. private banks

Stock market update: Private banks advance; Axis Bank up 1%

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service