Share market update: Private Bank shares advance; YES Bank zooms 8%

Shares of Private banks were trading with gains in Tuesday’s afternoon session.

Shares of YES Bank (up 7.98 per cent), ICICI Bank NSE 3.05 % (up 3.93 per cent), Axis Bank NSE 0.45 % (up 1.73 per cent) and IDFC First Bank (up 1.64 per cent) were trading in the positive zone.

HDFC Bank (up 1.45 per cent), IndusInd Bank (up 0.72 per cent), Federal Bank (up 0.60 per cent) and Kotak Mahindra Bank (up 0.12 per cent) too were trading higher.

The Nifty Private Bank index was trading 1.61 per cent up at 16,516.70 around 12:31 pm.

Benchmark NSE Nifty50 index was up 15.30 points at 11,677.15 while the BSE Sensex was down 4.26 points at 39,294.12.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

Shares of YES Bank, Infosys, Vodafone Idea, BHEL, Tata Motors, SAIL, Ashok Leyland, SBI and Bank of Baroda were among the most traded shares on the NSE.
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