NEW DELHI: Private bank stocks were trading mixed during the first half of Wednesday's trading session.
The Nifty Private Bank index was trading 0.27 per cent up at 15,094 around 10:40 am, with 6 stocks in the green and 4 in the red.Shares of RBL Bank (up 2.83 per cent) and Axis Bank (up 2.04 per cent) were the top gainers in the index.IDFC Bank (up 0.93 per cent), ICICI Bank (up 0.59 per cent), South Indian Bank (up 0.40 per cent) and YES Bank (up 0.38 per cent) were also among gainers.On the contrary, IndusInd Bank (down 0.40 per cent), Kotak Mahindra Bank (down 0.36 per cent), Federal Bank (down 0.17 per cent) and HDFC Bank (down 0.08 per cent) were among the losers in the index.
Equity markets were in the green as investors' optimism level was lifted by firm IIP data.
Benchmark NSE Nifty50 index was up 21 points up at 10,864, while the BSE Sensex was up 89 points at 35,782.
Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.
Dr.
Reddy's Laboratories, Cipla, Lupin, Sun Pharma and Axis Bank were leading the pack of Nifty gainers.