NEW DELHI: The Nifty Financial Services index was down with its components trading in the red in Monday's afternoon session.Shares of Edelweiss Financial Services (down 5.16 per cent) , Bajaj Holdings Investment (down 2.61 per cent) , Indiabulls Housing Finance (down 2.30 per cent) and Kotak Mahindra Bank (down 2.26 per cent) were the top losers in the index.
Housing Development Finance Corporation (down 2.04 per cent) , ICICI Bank (down 2.00 per cent) , Axis Bank (down 1.78 per cent) and ICICI Prudential Life Insurance Company (down 1.76 per cent) too were trading with losses.
The Nifty Financial Services index was trading 1.22 per cent down at 12,111.55 around 02:19 pm.
Benchmark NSE Nifty50 index was down 123.85 points at 11,333.05 while the BSE Sensex was down 427 points at 37,737.51.
Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.
Shares of BHEL, YES Bank, SAIL, Indian Oil Corp, NTPC, SBI, ONGC, Bank of Baroda, Tata Motors, Ashok Leyland, ICICI Bank, BEL, Zee Ent., RIL, PowerGrid, Infosys, Hindalco Inds., Vedanta and Motherson Sumi were among the most traded securities on the NSE.