Stock market update: Nifty Private Bank index jumps nearly 4%; Federal Bank soars 8%

The index was trading 3.6 per cent up at 13403.

Agencies
All the 10 stocks in the index were trading in the green zone.
NEW DELHI: Nifty Private Bank index was trading higher at 11:58AM (IST) on Friday.

Shares of Federal Bank (up 8.02 per cent), Axis Bank (up 6.87 per cent), IndusInd Bank (up 5.58 per cent), RBL Bank (up 4.51 per cent) and ICICI Bank (up 4.5 per cent) were among the top gainers.

The Nifty Private Bank index was trading 3.6 per cent up at 13403 around 11:58AM.


Benchmark NSE Nifty50 index was up 103.20 points at 11662.45, while the BSE Sensex was up 389.06 points at 39502.53.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, YES Bank, GMR Infra, Federal Bank and Bank of Baroda were among the most traded shares on the NSE.
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Shares of Coromandel Int., Larsen & Toubro Infotech Ltd., Central Depository Services (India) Ltd., GMR Infra and Hathway Cable hit their fresh 52-week high in today's trade.
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