Share market update: Bank shares rise; BoB surges over 6%
NEW DELHI: Bank shares were trading in the positive zone in Friday’s session.
Shares of Bank of Baroda (up 6.08 per cent), Punjab National BankNSE 4.42 % (up 2.93 per cent), IDFC First BankNSE 5.71 % (up 2.85 per cent) and State Bank of India (up 1.93 per cent) were trading with gains.
ICICI Bank (up 1.59 per cent), Axis Bank (up 1.20 per cent), Federal Bank (up 1.03 per cent) and YES Bank (up 0.97 per cent) too were trading in the green.
The Nifty Bank index was trading 0.81 per cent up at 30,654.55 around 10:59 am.
Benchmark NSE Nifty50 index was up 37.25 points at 11,694.30 while the BSE Sensex was up 122.54 points at 38,933.93.
Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.
Shares of GRUH Finance, Vodafone Idea, Bank of Baroda, YES Bank, BEL, Adani Power, Ashok Leyland, SBI, ZEEL and Dish TV India were among the most traded shares on the NSE.