Share Market update: Bank shares dropped
New Delhi: To begin with, share market update stated that bank shares witness a trade with losses on Monday morning session.
So then, the shares of Yes Bank stood down with 3.47%. Also, Punjab National Bank shares came down by 2.31%, Bank of Baroda shares stood down by 2.20%. Besides, RBL BANK shares stood down by 1.78%. Similarly, the Federal Bank and State Bank of India shares remained down with 1.49% and 1.30% respectively. Also, ICICI Bank shares stood down with 0.55%. Likewise, shares of IDFC BANK dropped by 1.01%. Hence, these banks stood as the top losers in the index.
Despite this, the Nifty Bank index seems trading 0.16% down at 30793.05 in the morning trade today.
Also, the benchmark NSE Nifty50 index dropped by 9.70 points at 12103.75. While the BSE Sensex witnessed a drop of 8.79 points at 41,248.95.
Besides, shares of Vodafone Idea, YES Bank, SBI, and SAIL came up as the most traded shares on the National Stock Exchange. Also, this list included Tata Motors, LIC Housing Fin, ONGC, GAIL, Bank of Baroda, and Manappuram Fin. Hence, these shares stood in the most traded shares.
Meanwhile, S&P BSE Midcap lost 46.75 points reached 15,615.76 level with 0.30% down. Whereas, S&P BSE SmallCap lost 83.77 points reached 14,598.72 level with 0.057% down.