NEW DELHI: Losses in ICICI Bank (down 1.63 per cent), Axis Bank (down 0.82 per cent) and South Indian Bank (down 0.21 per cent) were weighing on Nifty Private Bank index during Monday's trade.

The Nifty Private Bank index was trading 0.07 per cent down at 15,195 around 10:45 am.

However, shares of RBL Bank (up 1.04 per cent), IndusInd Bank (up 0.95 per cent), Federal Bank (up 0.54 per cent) and HDFC Bank (up 0.53 per cent) were up around the same time, capping the fall of the sectoral index.

Shares of IDFC Bank (up 0.48 per cent), YES Bank (up 0.46 per cent) and Kotak Mahindra Bank (up 0.36 per cent) were also in the green.

Equity benchmarks were lacklustre owing to profit-booking amid mixed Asian cues on worries over a US-China trade war.

The NSE Nifty50 index was down 11 points at 10,811, while the BSE Sensex was 41 points down at 35,649.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Vedanta, UltraTech Cement and Bajaj Finance were among the top gainers in the Nifty index.

However, BPCL, Tata Motors, Indian Oil Corporation and NTPC were among the top losers in the Nifty index.