Share market update: Nifty Financial Services index dips; Indiabulls Ventures falls 5%

NEW DELHI: The Nifty Financial Services index was down with its components trading lower in Thursday's afternoon session.

Shares of Indiabulls Ventures (down 4.74 per cent), Indiabulls Housing Finance (down 4.64 per cent), State Bank of India (down 2.51 per cent) and Shriram Transport Finance Company (down 2.19 per cent) were the worst performers in the index.

Housing Development Finance Corporation (down 2.11 per cent), ICICI Bank (down 2.01 per cent), Axis Bank (down 1.95 per cent) and Kotak Mahindra Bank (down 1.34 per cent) too were trading in the red.


The Nifty Financial Services index was trading 1.20 per cent down at 12,424.70 around 02:18 pm.

Benchmark NSE Nifty50 index was down 34.75 points at 11,011.35 while the BSE Sensex was 145.32 points at 37,306.52.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 21 were in the red.

Shares of YES Bank, Vodafone Idea, Lemon Tree Hotels, Tata Motors, RBL Bank, SAIL, GMR Infra, JSPL and NBCC were among the most traded shares on the NSE.