NEW DELHI: The Nifty Financial Services index was up with its components trading higher in Monday's afternoon session.

Shares of Bajaj Finserv (up 8.79 per cent) , Bajaj Finance (up 8.58 per cent) , Bajaj Holdings & Investment (up 7.33 per cent) and Indiabulls Ventures (up 7.15 per cent) were the top performers in the index.

Mahindra & Mahindra Financial Services (up 7.13 per cent) , ICICI Bank (up 6.78 per cent) , Axis Bank (up 5.74 per cent) and HDFC Bank (up 5.68 per cent) too were trading in the green.

The Nifty Financial Services index was trading 5.46 per cent up at 13,562.50 around 12:13 pm.

Benchmark NSE Nifty50 index was up 388.80 points at 11,663 while the BSE Sensex was up 1309.16 points at 39,323.78.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Shares of YES Bank, Ashok Leyland, Vodafone Idea, ITC, ICICI Bank, Tata Motors, SBI, Bank of Baroda, Petronet LNG and SAIL were among the most traded shares on the NSE.