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Share market update: Nifty Financial Services index rises; Edelweiss gains 6%

The Nifty Financial Services index was trading 1.83 per cent up at 13,455.60 around 12:22 pm.

ETMarkets.com|
Updated: Oct 22, 2019, 12.30 PM IST
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Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
NEW DELHI: The Nifty Financial Services index was up with its components trading higher in Tuesday's afternoon session.

Shares of Mahindra & Mahindra Financial Services (up 8.25 per cent) , Edelweiss Financial Services (up 6.24 per cent) , Indiabulls Ventures (up 4.95 per cent) and Power Finance Corporation (up 4.64 per cent) were trading higher.

ICICI Bank (up 3.97 per cent) , ICICI Lombard General Insurance Company (up 3.60 per cent) , REC (up 2.72 per cent) and Shriram Transport Finance Company (up 2.38 per cent) too were trading with gains.

The Nifty Financial Services index was trading 1.83 per cent up at 13,455.60 around 12:22 pm.

Benchmark NSE Nifty50 index was up 19.35 points at 11,681.20 while the BSE Sensex was up 16.37 points at 39,314.75.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

Shares of YES Bank, Infosys, Vodafone Idea, BHEL, Tata Motors, SAIL, Ashok Leyland, Bank of Baroda and SBI were among the most traded shares on the NSE.
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