NEW DELHI: The Nifty Financial Services index was down with its components trading lower in Friday's afternoon session.

Shares of Mahindra & Mahindra Financial (down 6.49 per cent) , Shriram Transport Finance (down 6.22 per cent) , Cholamandalam Investment & Finance (down 5.01 per cent) , Axis Bank (down 4.76 per cent) , Bajaj Finance (down 4.53 per cent) , Bajaj Finserv (down 4.52 per cent) , HDFC (down 4.47 per cent) , ICICI Bank (down 4.22 per cent) , ICICIPRULI (down 4.13 per cent) , Indiabulls Housing Finance Ltd (down 3.82 per cent) , Power Finance Corporation (down 3.79 per cent) , HDFC Bank (down 2.39 per cent) , REC (down 1.58 per cent) , ICICIGI (down 0.76 per cent) , State Bank of India (down 0.43 per cent) and SBI Life (down 0.15 per cent) were the top losers in the index.

The Nifty Financial Services index was trading 2.86 per cent down at 8669.55 around 02:22PM.

Benchmark NSE Nifty50 index was down 61.55 points at 9044.7, while the BSE Sensex was down 217.03 points at 30715.87.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Shares of Vodafone Idea, SBI, ICICI Bank, Bank of Baroda, Axis Bank, IDFC First Bank Ltd., BHEL, ITC, Tata Power and Federal Bank were among the most traded shares on the NSE.