Share market update: Bank shares in the green; RBL Bank gains 2%

NEW DELHI: Bank shares were trading in the positive zone in Monday's morning session.

The Nifty Bank index was trading 0.53 per cent up at 28,367.60 around 10:02 am.

Shares of RBL Bank (up 2.34 per cent), ICICI Bank (up 1.52 per cent), Axis Bank (up 1.21 per cent) and Kotak Mahindra Bank (up 0.95 per cent) were trading with gains.

Federal Bank (up 0.76 per cent), IDFC First Bank (up 0.44 per cent), IndusInd Bank (up 0.15 per cent) and HDFC Bank (up 0.09 per cent) too were trading higher.

Benchmark NSE Nifty50 index was up 64.15 points at 11,111.95 while the BSE Sensex was up 250.92 points at 37,601.25.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Shares of Vodafone Idea, YES Bank, Ashok Leyland, Tata Motors, Bank of Baroda, JSPL, IDFC First Bank, PNB and SAIL were among the most traded securities on the NSE.