Share market update: Nifty Financial Services index rises; Indiabulls Ventures jumps 4%

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

Shares of Indiabulls Ventures (up 4.55 per cent), Power Finance Corporation (up 2.65 per cent), Mahindra & Mahindra Financial Services (up 2.54 per cent) and ICICI Prudential Life Insurance Company (up 2.39 per cent) were the top performers in the index.

Housing Development Finance Corporation (up 2.16 per cent), Bajaj Finserv (up 1.98 per cent), Edelweiss Financial Services (up 1.55 per cent), and Bajaj Finance (up 1.44 per cent) too were trading with gains.


The Nifty Financial Services index was trading 0.89 per cent up at 13,599.25 around 02:12 pm.

Benchmark NSE Nifty50 index was up 122.50 points at 12,045.30 while the BSE Sensex was up 403.16 points at 40,117.36.
Among the 50 stocks in the Nifty index, 41 were trading in the green, while 7 were in the red.

Shares of NCC, Vodafone Idea, YES Bank, Ashok Leyland, PNB, Bank of Baroda, Tata Motors, ITC, SAIL and ONGC were among the most traded shares on the NSE.

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