Share market update: Nifty Financial Services index dips; Indiabulls Ventures down 2%

NEW DELHI: The Nifty Financial Services index was down with most of its components trading mixed in Friday's afternoon session.

Shares of Shriram Transport Finance Company (up 4.02 per cent), Edelweiss Financial Services (up 3.88 per cent), Sundaram Finance (up 2.02 per cent) and Indiabulls Housing Finance (up 1.62 per cent) were trading higher.

Indiabulls Ventures (down 2.23 per cent), Kotak Mahindra Bank (down 1.35 per cent), REC (down 0.94 per cent) and ICICI Bank (down 0.92 per cent) were trading in the red.


The Nifty Financial Services index was trading 0.37 per cent down at 13,466.55 around 02:14 pm.

Benchmark NSE Nifty50 index was down 29 points at 11,916.90 while the BSE Sensex was down 110.97 points at 39,721.

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

Shares of Vodafone Idea, NCC, YES Bank, PNB, SAIL, SBI, Adani Power, Bank of Baroda, Infibeam Avenues and ICICI Bank were among the most traded shares on the NSE.