Share market update: Bank shares dip; RBL Bank slips over 3%


NEW DELHI: Bank shares were trading with losses in Monday’s morning session.

Shares of RBL Bank (down 3.22 per cent), Bank of BarodaNSE -3.02 % (down 2.38 per cent), Punjab National BankNSE -2.52 % (down 1.53 per cent) and IDFC First Bank (down 1.51 per cent) were trading lower.

Federal Bank (down 1.22 per cent), ICICI Bank (down 0.91 per cent), State Bank of India (down 0.88 per cent) and Axis Bank (down 0.69 per cent) too were trading with losses.

The Nifty Bank index was trading 0.33 per cent down at 30,501.15 around 09:54 am.

Benchmark NSE Nifty50 index was up 16.10 points at 11,568.60 while the BSE Sensex was up 101.13 points at 38,837.36.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 28 were in the red.

Shares of YES Bank, Dish TV India, Infosys, Allahabad Bank, Vodafone Idea, Tata Motors, Sun Pharma, SAIL, L&T Fin Holding and Bank of Baroda were among the most traded shares on the NSE.