Market Now: Axis Bank, ICICI Bank keep Nifty Private Bank index up

NEW DELHI: Private bank stocks such as Karnataka Bank (up 0.79 per cent), IDFC Bank (up 0.77 per cent), Axis Bank (up 0.64 per cent), ICICI Bank (up 0.63 per cent), YES Bank (up 0.19 per cent) and Federal Bank (up 0.05 per cent) were trading up in morning trade on Tuesday.

The Nifty Private Bank index was trading 0.11 per cent up at 14,154 around 09:55 am (IST).

However, Kotak Mahindra Bank (down 0.72 per cent), HDFC Bank (down 0.18 per cent) and IndusInd Bank (down 0.03 per cent) were down in the index around that time.


Equity benchmarks moved up on buying in metal, IT, private bank and auto stocks.

The NSE Nifty50 index was 25 points up at 10,404, while the BSE Sensex was 102 points up at 33,877.

Among the 50 stocks in the Nifty50 index, 31 were trading in the green, while 19 were in the red.

Vedanta, Tata Consultancy Services and Tata Steel were among the top gainers in the Nifty pack of stocks.

Bharti Infratel, Cipla and Coal India were among the top laggards in the Nifty50 index.