Share market update: Nifty Financial Services index rises; Indiabulls Housing Finance surges 12%
Benchmark NSE Nifty50 index was up 123.60 points at 11,156.05
The Nifty Financial Services index was trading 1.89 per cent up at 12,818.85 around 12:23 pm.
Shares of Indiabulls Housing Finance (up 11.67 per cent), Shriram Transport Finance Company (up 5.84 per cent), Mahindra & Mahindra Financial Services (up 5.81 per cent) and Sundaram Finance (up 5.13 per cent) were the top gainers in the index.
Indiabulls Ventures (up 3.84 per cent), Bajaj Finserv (up 3.69 per cent), Bajaj Finance (up 2.86 per cent) and Power Finance Corporation (up 2.80 per cent) too were trading in the green.
Benchmark NSE Nifty50 index was up 123.60 points at 11,156.05 while the BSE Sensex was up 384.27 points at 37,711.63.
Among the 50 stocks in the Nifty index, 37 were trading in the green, while 13 were in the red.
Shares of YES Bank, Vodafone Idea, NBCC, Indiabulls Housing Finance, Ashok Leyland, Tata Motors, JSPL, Dish TV India, SBI and PNB were among the most traded shares on the NSE.