Share market update: Bank shares dip; Axis Bank down 3%

Share market update: Bank shares dip; Axis Bank down 3%
ETMarkets.com
Synopsis

The Nifty Bank index was trading 1.94 per cent down at 22636.25.

Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red.

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NEW DELHI: Bank shares were trading lower in Friday's session.

Shares of Axis Bank (down 3.06 per cent) , State Bank of India (down 2.93 per cent) , Bandhan Bank (down 2.43 per cent) , Punjab National Bank (down 2.33 per cent) , ICICI Bank (down 2.23 per cent) , Kotak Mahindra Bank (down 2.09 per cent) , HDFC Bank (down 1.87 per cent) and Bank of Baroda (down 1.52 per cent) were the top losers in the index.

The Nifty Bank index was trading 1.94 per cent down at 22636.25 around 02:02PM.

Benchmark NSE Nifty50 index was down 53.85 points at 11161.6, while the BSE Sensex was down 130.1 points at 38010.37.

Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red.

Shares of YES Bank, Vodafone Idea, SBI, RBL Bank Ltd., IDFC First Bank Ltd., RIL, ICICI Bank, Ashok Leyland, Alok Industries and Tata Motors were among the most traded shares on the NSE.
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