Market Now: Bank stocks up; Federal Bank, ICICI Bank top gainers
ETMarkets.com|
Nov 16, 2017, 10.27 AM IST

NEW DELHI: Bank stocks Federal Bank (up 1.54 per cent), ICICI Bank (up 1.25 per cent), IndusInd Bank (up 1.10 per cent) and Canara Bank (up 0.92 per cent) were trading up in morning trade on Thursday, keeping the Nifty Bank index up.
The Nifty Bank index was trading 0.58 per cent up at 25,364 around 10:15 am (IST).
Shares of Axis Bank (up 0.76 per cent), State Bank of India (up 0.68 per cent), Punjab National Bank (up 0.61 per cent), Kotak Mahindra Bank (up 0.49 per cent), Bank of Baroda (up 0.46 per cent) and HDFC Bank (up 0.30 per cent) were the other gainers in the index.
YES Bank (down 0.50 per cent) was the only component in the Nifty Bank index that was in the red around that time.
Benchmark NSE Nifty50 index was 49 points up at 10,167, while the BSE Sensex was 186 points up at 32,946.
Among the 51 stocks in the Nifty50 index, 36 were trading in the green, while 14 were in the red.
Shares of Bharti Infratel, Reliance Industries, Aurobindo Pharma, Ambuja Cements, Tata Motors and ICICI Bank were the top gainers in the Nifty50 index.
However, Adani Ports SEZ, Bharat Petroleum Corporation, Coal India, Tech Mahindra, Indiabulls Housing Finance and Bosch were among the top losers.
The Nifty Bank index was trading 0.58 per cent up at 25,364 around 10:15 am (IST).
Shares of Axis Bank (up 0.76 per cent), State Bank of India (up 0.68 per cent), Punjab National Bank (up 0.61 per cent), Kotak Mahindra Bank (up 0.49 per cent), Bank of Baroda (up 0.46 per cent) and HDFC Bank (up 0.30 per cent) were the other gainers in the index.
YES Bank (down 0.50 per cent) was the only component in the Nifty Bank index that was in the red around that time.
Benchmark NSE Nifty50 index was 49 points up at 10,167, while the BSE Sensex was 186 points up at 32,946.
Among the 51 stocks in the Nifty50 index, 36 were trading in the green, while 14 were in the red.
Shares of Bharti Infratel, Reliance Industries, Aurobindo Pharma, Ambuja Cements, Tata Motors and ICICI Bank were the top gainers in the Nifty50 index.
However, Adani Ports SEZ, Bharat Petroleum Corporation, Coal India, Tech Mahindra, Indiabulls Housing Finance and Bosch were among the top losers.