Market Now: ICICI Bank, HDFC Bank keep Nifty Private Bank index in the green

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Gains in shares of ICICI Bank (up 0.93 per cent), RBL Bank (up 0.79 per cent) and HDFC Bank (up 0.66 per cent) were keeping the
Nifty Private Bank index a little up in Thursday's trade
The Nifty Private Bank index was trading 0.12 per cent up at 15,039 around 10:30 am
Shares of IndusInd Bank (up 0.22 per cent) and Kotak Mahindra Bank (up 0.15 per cent) were also in the green
However, Federal Bank (down 9.14 per cent), IDFC Bank (down 2.09 per cent), South Indian Bank (down 1.88 per cent), YES Bank (down 0.57 per
cent) and Axis Bank (down 0.49 per cent) were suffering losses around that time. Equity markets were up, tracking positive global cues
However, selling in select oil, pharma, metal and FMCG stocks cooled off markets a bit
Benchmark NSE Nifty50 index was up 11 points at 10,753, while the BSE Sensex was up 57 points at 35,376. Among the 50 stocks in the Nifty
index, 21 were trading in the green, while 29 were in the red
Bharti Airtel (up 1.74 per cent), Tech Mahindra (up 1.68 per cent) and ONGC (up 1.67 per cent) were among the top gainers in the Nifty pack
of stocks. On the contrary, Power Grid Corporation of India (down 1.94 per cent), Dr
Reddy's Laboratories (down 1.76 per cent) and Tata Motors (down 1.65 per cent) were the top losers in the Nifty index.