Share market update: Nifty Financial Services index flat; ICICI Prudential gains 2%

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

Shares of ICICI Prudential Life Insurance Company (up 2.34 per cent), Indiabulls Ventures (up 1.89 per cent), Kotak Mahindra Bank (up 0.53 per cent) and ICICI Lombard General Insurance Company (up 0.51 per cent) were trading in the green.

Mahindra & Mahindra Financial Services (down 3.80 per cent), Indiabulls Housing Finance (down 2.20 per cent), Edelweiss Financial Services (down 1.64 per cent) and Shriram Transport Finance Company (down 1.33 per cent) were trading lower.


The Nifty Financial Services index was trading 0.14 per cent down at 12,449.40 around 02:41 pm.

Benchmark NSE Nifty50 index was up 9.45 points at 11,735.60 while the BSE Sensex was down 2.93 points at 39,051.75.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 25 were in the red.

Shares of YES Bank, Vodafone Idea, Tata Motors, DLF, Bharti Infratel, ONGC, Ashok Leyland, Indiabulls Housing Finance, SAIL, SBI, Bank of Baroda, ICICI Bank, ITC, BHEL, RIL, HPCL, Indian Oil Corp, L&T Fin Holding, Axis Bank and BPCL were among the most traded shares on the NSE.