Share market update: Bank shares advance; YES Bank climbs over 5%

NEW DELHI: Bank shares were trading with gains in Thursday's morning session.

Shares of YES Bank (up 5.54 per cent), Bank of Baroda (up 1.08 per cent), Punjab National Bank (up 0.95 per cent) and RBL Bank (up 0.74 per cent) were the top gainers in the index.

State Bank of India (up 0.50 per cent), Axis Bank (up 0.48 per cent), ICICI Bank (up 0.38 per cent) and Kotak Mahindra Bank (up 0.04 per cent) too were trading higher.

The Nifty Bank index was trading 0.08 per cent up at 29,016.65 around 11:03 am.

Benchmark NSE Nifty50 index was down 13 points at 11,346.45 while the BSE Sensex was down 46.77 points at 37,742.36.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of YES Bank, Suzlon Energy, Vodafone Idea, ZEEL, DHFL, Ashok Leyland, Tata Motors, RIL, Dish TV India and Federal Bank were among the most traded shares on the NSE.