NEW DELHI: Gains in shares of ICICI Bank (up 2.66 per cent), HDFC Bank (up 1.78 per cent), Kotak Mahindra Bank (up 0.88 per cent) and Axis Bank (up 0.78 per cent) were keeping the Nifty Private Bank index up in afternoon trade on Monday.

The Nifty Private Bank index was trading 1.03 per cent up at 14,516 around 01:15 pm (IST).

However, shares of Karnataka Bank (down 3.11 per cent), IDFC Bank (down 2.81 per cent), Federal Bank (down 1.30 per cent), IndusInd Bank (down 1.26 per cent), YES Bank (down 1.11 per cent) and South Indian Bank (down 0.15 per cent) were trading down in the index around that time.

Benchmark NSE Nifty50 index was 60 points up at 10,742, while the BSE Sensex was 248 points up at 34,840.

Among the 50 stocks in the Nifty50 index, 21 were trading in the green, while 29 were in the red.

In the Nifty 50 index, HDFC, UltraTech Cement, ICICI Bank, Zee Entertainment and Tata Steel were among the top gainers.

However, Eicher Motors, ONGC, Bajaj Finance, Hero MotoCorp and HCL Tech were among the top losers.