Share market update: Bank shares slip; SBI down nearly 1%


NEW DELHI: Bank shares were trading lower in Friday’s morning session.

Shares of State Bank of India (down 0.86 per cent) , IndusInd BankNSE -0.22 % (down 0.61 per cent) and YES BankNSE -0.43 % (down 0.35 per cent) were the worst performers in the index.

Punjab National Bank (down 0.27 per cent) , Kotak Mahindra Bank (down 0.20 per cent) and Bank of Baroda (down 0.12 per cent) too were trading with losses.

The Nifty Bank index was trading flat at 29,786.05 around 11:14 am.

Benchmark NSE Nifty50 index was up 7.85 points at 11,604.55 while the BSE Sensex was up 37.90 points at 38,644.91.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Shares of Vodafone Idea, BHEL, DLF, Tata Motors, YES Bank, Ashok Leyland, Indian Oil Corp, SAIL, GAIL, SBI, Bank of Baroda and Bharti Airtel were among the most traded shares on the NSE.