Share market update: Nifty Financial Services index down; Indiabulls Housing Finance falls 6%

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

Shares of Indiabulls Housing Finance (down 6.58 per cent), Indiabulls Ventures (down 4.42 per cent), Edelweiss Financial Services (down 3.92 per cent) and Bajaj Finserv (down 3.49 per cent) were the worst performers in the index.

Housing Development Finance Corporation (down 1.65 per cent), Shriram Transport Finance Company (down 1.59 per cent), ICICI Bank (down 1.36 per cent) and Kotak Mahindra Bank (down 1.21 per cent) too were trading with losses.


The Nifty Financial Services index was trading 1.14 per cent down at 12,215.45 around 12:04 pm.

Benchmark NSE Nifty50 index was down 84.50 points at 10,834.20 while the BSE Sensex was down 268.92 points at 36,791.45.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

Shares of YES Bank, Vodafone Idea, DLF, Tata Motors, LIC Housing Fin, SAIL, Ashok Leyland, Dish TV India and NMDC were among the most traded shares on the NSE.