Market Now: Private bank stocks up; IndusInd Bank rises 2%

ETMarkets.com|
Updated: Mar 06, 2018, 10.22 AM IST
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Market Now: Private bank stocks up; IndusInd Bank rises 2%
Among the 50 stocks in the Nifty50 index, 33 were trading in the green, while 17 were in the red.
NEW DELHI: The Nifty Private Bank index was trading 0.67 per cent up at 14,142 around 10:15 am (IST) on Tuesday with all components in the green.

Shares of IndusInd Bank (up 1.90 per cent), YES Bank (up 1.53 per cent), Federal Bank (up 0.86 per cent) and IDFC Bank (up 0.79 per cent) were the top gainers in the Nifty Private Bank index.

Shares of Axis Bank (up 0.77 per cent), ICICI Bank (up 0.66 per cent), Kotak Mahindra Bank (up 0.37 per cent), Karnataka Bank (up 0.27 per cent), HDFC Bank (up 0.24 per cent) and South Indian Bank (up 0.19 per cent) were also in the green.

Benchmark indices opened on a firm note on Tuesday amid ease in concerns over US President Donald Trump-led 'trade war'.

Most Asian markets mirrored gains seen on US stocks in overnight trade.

The NSE Nifty50 index was up 52 points at 10,411, while the BSE Sensex was up 172 points at 33,918.

Among the 50 stocks in the Nifty50 index, 33 were trading in the green, while 17 were in the red.
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