Share market update: Nifty Financial Services index rises; Indiabulls Housing up 2%

Shares of Mahindra & Mahindra Financial Services (up 2.75 per cent), Indiabulls Housing Finance (up 2.31 per cent), Shriram Transport Finance CompanyNSE 2.05 % (up 2.01 per cent) and Indiabulls Ventures (up 1.69 per cent) were the top performers in the index.

State Bank of India (up 1.65 per cent), HDFC Life Insurance Company (up 1.51 per cent), Axis Bank (up 1.27 per cent) and Cholamandalam Investment & Finance Company (up 0.82 per cent) too were trading higher.

The Nifty Financial Services index was trading 0.21 per cent up at 12,367.

Benchmark NSE Nifty50 index was up 25.75 points at 11,028.80 while the BSE Sensex was up 106.77 points at 37,252.22.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 22 were in the red.

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