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Market Now: Nifty Private Bank index in the green; Karnataka Bank jumps 2%

ETMarkets.com|
Updated: Nov 09, 2017, 10.33 AM IST
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Indiabulls Housing Finance was  the top gainer in the Nifty50 index.
Indiabulls Housing Finance was the top gainer in the Nifty50 index.
NEW DELHI: Shares of private banks, including Karnataka Bank (up 1.97 per cent), Federal Bank (up 1.42 per cent), ICICI Bank (up 1.10 per cent), YES Bank (up 0.94 per cent), Axis Bank (up 0.89 per cent) and IDFC Bank (up 0.45 per cent) were trading up in morning trade on Thursday.

The Nifty Private Bank index was trading 0.41 per cent up at 13,964 around 10:25 am (IST).

However, shares of IndusInd Bank (down 0.26 per cent), Kotak Mahindra Bank (down 0.19 per cent), South Indian Bank (down 0.10 per cent) and HDFC Bank (down 0.05 per cent) were trading in the red around that time.

Benchmark NSE Nifty50 index was 48 points up at 10,351, while the BSE Sensex was 134 points up at 33,353.

Among the 51 stocks in the Nifty50 index, 37 were trading in the green, while 13 were in the red.

Indiabulls Housing Finance, Hindustan Unilever, State Bank of India, UPL, Reliance Industries and Hindustan Petroleum Corporation were among the top gainers in the Nifty50 index.

However, HDFC, Zee Entertainment, Coal India, Power Grid, GAIL and Cipla were among the top losers.
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