Share market update: Bank shares slip; IndusInd Bank plunges 22% – Economic Times

NEW DELHI: Bank shares were trading with losses in Monday’s session.

Shares of IndusInd Bank (down​ 21.85 per cent)​, Axis Bank (down​ 19.97 per cent)​, Federal Bank (down​ 18.9 per cent)​, ICICI Bank (down​ 14.33 per cent)​, Bandhan Bank (down​ 14.12 per cent)​, Bank of Baroda (down​ 13.28 per cent)​, RBLBANK (down​ 12.22 per cent)​, IDFC BANK (down​ 12.14 per cent)​, HDFC Bank (down​ 11.28 per cent)​, State Bank of India (down​ 10.34 per cent)​, Kotak Mahindra Bank (down​ 9.74 per cent)​ and Punjab National Bank (down​ 3.29 per cent)​ were the top losers in the index.

The Nifty Bank index was trading 13.33 per cent down at 17609.1 around 11:50 am.

Benchmark NSE Nifty50 index was down 935.10 points at 7810.35 , while the BSE Sensex was down 3233.73 points at 26682.23.

Among the 50 stocks in the Nifty index, 0 were trading in the green, while 50 were in the red.

Shares of Vodafone Idea, YES Bank, SBI, Ashok Leyland, ICICI Bank, ITC, IDFC First Bank Ltd., Tata Motors and Axis Bank were among the most traded shares on the NSE.