Share market update: Private Bank shares fall; YES Bank dips 2%

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NEW DELHI: Shares of Private banks were trading with losses in Friday’s afternoon session.

Shares of YES Bank (down 1.96 per cent), IndusInd BankNSE -2.74 % (down 1.57 per cent), RBL BankNSE 0.18 % (down 0.99 per cent) and ICICI Bank (down 0.84 per cent) were trading lower.

Federal Bank (down 0.64 per cent), DCB Bank (down 0.61 per cent), HDFC Bank (down 0.51 per cent) and Kotak Mahindra Bank (down 0.35 per cent) too were trading with losses.

The Nifty Private Bank index was trading 0.62 per cent down at 17,206.85 around 12:36 pm.

Benchmark NSE Nifty50 index was down down 31.60 points at 11,809.95 while the BSE Sensex was down 113.17 points at 39,473.24.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of PFC, YES Bank, PNB, Bank of Baroda, Union Bank India, Dish TV India, SAIL, Vodafone Idea, GMR Infra and SBI were among the most traded shares on the NSE.

[“source=economictimes.indiatimes”]