Share market update: Bank shares advance; YES Bank climbs over 3%

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

Shares of YES Bank (up 3.49 per cent), IndusInd Bank (up 2.48 per cent), IDFC First Bank (up 1.48 per cent) and Kotak Mahindra Bank (up 1.16 per cent) were trading higher.

Punjab National Bank (up 0.73 per cent), Bank of Baroda (up 0.73 per cent), ICICI Bank (up 0.50 per cent) and State Bank of India (up 0.24 per cent) too were trading in the green.

The Nifty Bank index was trading 0.48 per cent up at 30,506.85 around 11:04 am.

Benchmark NSE Nifty50 index was up 43.10 points at 11,734.55 while the BSE Sensex was up 163.69 points at 39,276.43.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red.

Shares of YES Bank, Indiabulls Housing Finance, Vodafone Idea, Ashok Leyland, SAIL, SBI, PNB, Tata Motors, Dish TV India and JSPL were among the most traded shares on the NSE.

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