NEW DELHI: Bank shares were trading with losses in Monday's morning session.Shares of YES Bank (down 4.04 per cent), IndusInd Bank (down 1.42 per cent), Bank of Baroda (down 1.09 per cent) and HDFC Bank (down 0.95 per cent) were the worst performers in the index.ICICI Bank (down 0.82 per cent), Axis Bank (down 0.77 per cent), State Bank of India (down 0.71 per cent) and Punjab National Bank (down 0.63 per cent) were trading with losses.
The Nifty Bank index was trading 0.85 per cent down at 29,700.80 around 11:04 am.
Benchmark NSE Nifty50 index was down 98.90 points at 11,613.35 while the BSE Sensex was down 322.72 points at 38,640.54.
Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.
Shares of Vodafone Idea, YES Bank, Tata Motors, ONGC, SAIL, ICICI Bank, Tata Steel, Motherson Sumi, Ashok Leyland, Bharti Airtel, Infosys and Bank of Baroda were among the most traded shares on the NSE.