Share market update: Private Bank shares gain; Kotak Bank jumps 5%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Private banks were trading in the positive zone in Friday's afternoon session. Shares of Kotak Mahindra Bank (up 5.54
per cent), IDFC First Bank (up 3.16 per cent), South Indian Bank (up 2.97 per cent) and Federal Bank (up 2.56 per cent) were the top
performers in the index
ICICI Bank (up 2.35 per cent), IndusInd Bank (up 1.74 per cent), RBL Bank (up 1.60 per cent) and HDFC Bank (up 1.29 per cent) too were
trading higher. The Nifty Private Bank index was trading 2.15 per cent up at 16,862.55 around 01:59 pm
Benchmark NSE Nifty50 index was up 115.50 points at 11,458.75 while the BSE Sensex was up 396.27 points at 38,151.16. Among the 50 stocks
in the Nifty index, 32 were trading in the green, while 18 were in the red
Shares of YES Bank, SAIL, SBI, ICICI Bank, Ashok Leyland, Bank of Baroda, Indian Oil Corp, Vodafone Idea and Kotak Bank were among the most
traded shares on the NSE