Share market update: Nifty Financial Services index rises; Indiabulls Ventures jumps 9%

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

Shares of Indiabulls Ventures (up 8.89 per cent), ICICI Bank (up 2.48 per cent), Indiabulls Housing Finance (up 2.31 per cent) and Mahindra & Mahindra Financial Services (up 2.18 per cent) were trading in the green.

Shriram Transport Finance Company (up 2.04 per cent), State Bank of India (up 2.03 per cent), Kotak Mahindra Bank (up 2.02 per cent) and HDFC Bank (up 2.00 per cent) too were trading higher.


The Nifty Financial Services index was trading 1.58 per cent up at 12,788.10 around 12:17 pm.

Benchmark NSE Nifty50 index was up 72.15 points at 11,198.55 while the BSE Sensex was up 245.13 points at 37,777.11.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 15 were in the red.

Shares of YES Bank, Vodafone Idea, SBI, Tata Motors, NALCO, ZEEL, SAIL, Ashok Leyland, Bank of Baroda and ICICI Bank were among the most traded shares on the NSE.