Share market update: Nifty Financial Services index rises; ICICI Prudential up over 1%

NEW DELHI: The Nifty Financial Services index was up with most of its components trading higher in Wednesday's afternoon session.

Shares of Kotak Mahindra Bank (up 2.45 per cent), ICICI Prudential Life Insurance Company (up 1.49 per cent), Housing Development Finance Corporation (up 0.90 per cent) and ICICI Lombard General Insurance Company (up 0.81 per cent) were the top gainers in the index.

Bajaj Finance (up 0.76 per cent), Power Finance Corporation (up 0.66 per cent), HDFC Bank (up 0.65 per cent) and Shriram Transport Finance Company (up 0.53 per cent) too were trading in the green.


The Nifty Financial Services index was trading 0.45 per cent up at 13,289.10 around 02:04 pm.

Benchmark NSE Nifty50 index was up 0.25 points at 11,691.75 while the BSE Sensex was up 74.02 points at 39,120.36.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.

Shares of YES Bank, Indiabulls Housing Finance, PNB, SAIL, Indiabulls RE, IRB Infra Developers, Vodafone Idea, GMR Infra, Tata Motors and JSPL were among the most traded shares on the NSE.

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