Share market update: Nifty Financial Services index rises; Indiabulls Ventures climbs 3%

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

Shares of Indiabulls Housing Finance (up 3.85 per cent), Indiabulls Ventures (up 3.58 per cent), Cholamandalam Investment & Finance Company (up 2.76 per cent) and Axis Bank (up 1.68 per cent) were the top performers in the index.

Sundaram Finance (up 1.25 per cent), HDFC Life Insurance Company (up 1.19 per cent), Housing Development Finance Corporation (up 1.02 per cent) and ICICI Bank (up 1.01 per cent) too were trading higher.


The Nifty Financial Services index was trading 0.84 per cent up at 13,645.55 around 12:45 pm.

Benchmark NSE Nifty50 index was up 49.95 points at 11,897.50 while the BSE Sensex was up 180.16 points at 39,772.24.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, Tata Motors, Bank of Baroda, SBI, Ashok Leyland, Motherson Sumi, PNB and SAIL were among the most traded shares on the NSE.

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