Share market update: Bank shares slip; RBL Bank dips over 2%


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

Shares of RBL Bank (down 2.3 per cent) , Kotak Mahindra BankNSE -1.00 % (down 0.85 per cent) , HDFC Bank (down 0.79 per cent) , Punjab National Bank (down 0.71 per cent) , Bank of Baroda (down 0.62 per cent) , Axis Bank (down 0.44 per cent) , IndusInd Bank (down 0.15 per cent) , IDFC BANK (down 0.11 per cent) and State Bank of India (down 0.03 per cent) were the top losers in the index.

The Nifty Bank index was trading -0.38 per cent down at 31471.65 around 09:54 am.

Benchmark NSE Nifty50 index was down 19.55 points at 12332.8 , while the BSE Sensex was down 50.7 points at 41894.67.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 27 were in the red.

Shares of Vodafone Idea, NHPC, YES Bank, Indian Oil Corp, PowerGrid, Tata Motors, NMDC, Ashok Leyland, Bharti Airtel and JSPL were among the most traded shares on the NSE.