INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Private bank stocks IndusInd Bank (down 1.48 per cent), Kotak Mahindra Bank (down 1.39 per cent), Axis Bank (down 0.84 per cent)
and HDFC Bank (down 0.72 per cent) were suffering losses during Friday's trade, keeping the sectoral index in the lower territory.
The Nifty
Private Bank index was trading 0.48 per cent down at 15,182 around 11 am
Shares of RBL Bank (down 0.62 per cent) and YES Bank (down 0.53 per cent) were also under pressure.
Meanwhile, IDFC Bank (up 1.47 per cent),
ICICI Bank (up 1.31 per cent), Federal Bank (up 0.24 per cent) and South Indian Bank (up 0.21 per cent) were trading with gains.
Equity
benchmarks Sensex and Nifty were appearing choppy.
The NSE Nifty50 index was down 2 points at 10,734, while the BSE Sensex was up 16 points
at 35,338.
Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red
Bajaj Auto, Vedanta, Maruti Suzuki India, Tata Motors and Larsen Toubro were among the top gainers in the Nifty index.
On the other hand,
Power Grid Corporation, ONGC, GAIL (India) and Bajaj Finserv were leading among the Nifty losers.
