NEW DELHI: Bank shares were trading with losses in Tuesday's morning session.

Shares of Kotak Mahindra Bank (down 1.31 per cent), HDFC Bank (down 0.88 per cent), Federal Bank (down 0.57 per cent) and RBL Bank (down 0.30 per cent) were trading lower.

Bank of Baroda (down 0.28 per cent), Punjab National Bank (down 0.27 per cent), Axis Bank (down 0.22 per cent) and State Bank of India (down 0.08 per cent) too were trading with losses.

The Nifty Bank index was trading 0.41 per cent down at 30,478.10 around 09:55 am.

Benchmark NSE Nifty50 index was down 61 points at 11,497.60 while the BSE Sensex was down 184.50 points at 38,536.07.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of YES Bank, PNB, Vodafone Idea, Indian Oil Corp, PFC, Titan Company, BEL, Adani Power, SAIL and REC were among the most traded shares on the NSE.