NEW DELHI: Shares of Private banks were trading with losses in Tuesday's afternoon session.

Shares of YES Bank (down 6.98 per cent), RBL Bank (down 3.22 per cent), IndusInd Bank (down 3.02 per cent) and IDFC First Bank (down 2.42 per cent) were trading lower.

Federal Bank (down 2.04 per cent), ICICI Bank (down 1.82 per cent), Axis Bank (down 1.38 per cent) and Kotak Mahindra Bank (down 0.28 per cent) too were trading with losses.

The Nifty Private Bank index was trading 1.07 per cent down at 15,607.70 around 12:07 pm.

Benchmark NSE Nifty50 index was down 48.10 points at 11,005.80 while the BSE Sensex was down 114.79 points at 37,287.70.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red.

Shares of YES Bank, Vodafone Idea, Tata Motors, Bank of Baroda, SAIL, Dish TV India, SBI, NMDC and JSPL were among the most traded shares on the NSE.