Share market update: Private Bank shares rise; YES Bank up nearly 2%

bank2-gettyNEW DELHI: Shares of Private banks were trading with gains in Wednesday’s afternoon session.

Shares of RBL BankNSE 1.63 % (up 1.83 per cent), YES Bank (up 1.77 per cent), Axis BankNSE 0.89 % (up 0.91 per cent) and ICICI Bank (up 0.84 per cent) were trading with gains.

HDFC Bank (up 0.82 per cent), IDFC First Bank (up 0.59 per cent), Federal Bank (up 0.53 per cent) and Kotak Mahindra Bank (up 0.48 per cent) too were trading in the green.

The Nifty Private Bank index was trading 0.68 per cent up at 17,200.25 around 12:36 pm.

Benchmark NSE Nifty50 index was up 34.25 points at 11,830.70 while the BSE Sensex was up 114.57 points at 39,549.51.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, SAIL, Ashok Leyland, PNB, GMR Infra, BHEL, TV18 Broadcast and SBI were among the most traded shares on the NSE.