In Wednesday’s morning session, bank shares were trading in the negative zone. Shares of ICICI Bank was down by 1.24 per cent, IDFC First Bank down by2.43 per cent, IndusInd Bank down by 1.12 per cent and Axis Bank was down by 1.11 per cent. These were the worst performers in the index.
Kotak Mahindra Bank was also down by 0.83 per cent, Federal Bank down by 0.90 per cent and RBL Bank down by 0.86 per cent too were trading in the red.
Benchmark BSE Sensex was down 183.20 points at 37,799.54 while NSE Nifty50 index was down 73.65 points at 11,257.40. The Nifty Bank index was trading 0.51 per cent down at 28,979.10 around 10:15 am.
Shares of YES Bank, Vodafone Idea, M&M Financial, Ashok Leyland, Dish TV India, Indian Oil Corp, PNB, SAIL, ZEEL and IDBI Bank were among the most traded shares on the NSE.
Read EquityPandit’s ICICI Bank Outlook for the Week