Share market update: Nifty Financial Services index down; ICICI Prudential falls 2%

The Nifty Financial Services index was down with its components trading mixed in Wednesday’s afternoon session.

Shares of REC (up 4.12 per cent), Edelweiss Financial Services (up 1.87 per cent), Sundaram Finance (up 1.63 per cent) and Kotak Mahindra Bank (up 0.49 per cent) were the top gainers in the index.


ICICI Prudential Life Insurance CompanyNSE -2.22 % (down 2.45 per cent), Bajaj FinanceNSE -4.83 % (down 2.11 per cent), Shriram Transport Finance Company (down 2.03 per cent) and ICICI Lombard General Insurance Company (down 1.86 per cent) were trading lower.

Nifty Financial Services index was trading 0.19 per cent down at 13,343.50 around 12:27 pm.

Benchmark NSE Nifty50 index was down 43.30 points at 11,512.60 while the BSE Sensex was down 129.87 points at 38,600.95.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

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