Stock market update: Private banks edge higher; YES Bank gains over 1%

NEW DELHI: Shares of private banks were trading with gains in Thursday's morning session.

Shares of Yes Bank (up 1.4 per cent), IndusInd Bank (up 1.2 per cent), IDFC Bank (up 0.93 per cent), HDFC Bank (up 0.82 per cent) and Federal Bank (up 0.77 per cent) were among the top gainers.

While ICICI Bank (down 0.13 per cent) and City Union Bank (down 0.11 per cent) were the top losers in the index.


The Nifty Private Bank index was trading 0.49 per cent up at 17,389.25 around 09:24 am.

Benchmark NSE Nifty50 index was up 38.15 points at 11,948.3, while the BSE Sensex was up 130.55 points at 40,543.12.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

Shares of YES Bank, Vodafone Idea, SBI, Tata Motors, Indiabulls Housing, DLF, JSPL, L&T Fin Holding, Ujjivan Financial Services and PowerGrid were among the most traded shares on the NSE.