Share market update: Bank shares up; YES Bank surges 9%


NEW DELHI: Bank shares were trading in the positive zone in Friday’s morning session.

Shares of YES Bank (up 8.54 per cent) , Punjab National BankNSE 2.03 % (up 2.12 per cent) , Bank of BarodaNSE 0.90 % (up 1.40 per cent) and IDFC First Bank (up 1.38 per cent) were the top performers in the index.

State Bank of India (up 0.98 per cent) , HDFC Bank (up 0.97 per cent) , Kotak Mahindra Bank (up 0.36 per cent) and Axis Bank (up 0.13 per cent) too were trading in the green.

The Nifty Bank index was trading 0.48 per cent up at 29,128.95 around 09:57 am.

Benchmark NSE Nifty50 index was up 35.20 points at 11,621.55 while the BSE Sensex was up 128.71 points at 39,180.77.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 16 were in the red.

Shares of YES Bank, BHEL, Tata Motors, Vodafone Idea, SAIL, NBCC , ZEEL, BEL and GMR Infra were among the most traded shares on the NSE.