Stock market update: Private banks advance; IDFC First Bank gains over 1%
The Nifty Private Bank index was trading 0.28 per cent up at 17,113.6.
Shares of IDFC First Bank (up 1.30 per cent), IndusInd Bank (up 1.08 per cent), Federal Bank (up 0.83 per cent), ICICI Bank (up 0.69 per cent), Kotak Mahindra Bank (up 0.39 per cent), RBL Bank (up 0.27 per cent) and Axis Bank (up 0.18 per cent) were among the top gainers.
While DCB Bank (down 0.33 per cent) and HDFC Bank (down 0.22 per cent) were the top losers in the index.
The Nifty Private Bank index was trading 0.28 per cent up at 17,113.6 around 09:28 am.
Benchmark NSE Nifty50 index was up 31.00 points at 11,926.45, while BSE Sensex was up 118.06 points at 40,474.75.
Among the 50 stocks in the Nifty index, 29 were trading in the green, while 20 were in the red.
Shares of Vodafone Idea, YES Bank, SBI, Bharti Airtel, BPCL, Indiabulls Housing, ICICI Bank, PNB, Bank of Baroda and Bharti Infratel were among the most traded shares on the NSE.