INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of RBL Bank (down 2.35 per cent), YES Bank (down 1.73 per cent), Kotak Mahindra Bank (down 1.29 per cent), Axis Bank (down
1.25 per cent) and IndusInd Bank (down 1.15 per cent) fell during Thursday's session, keeping the private bank index under pressure
The Nifty Private Bank index was trading 0.67 per cent down at 15,937.55 around 10:44 am.
Shares of HDFC Bank (down 0.25 per cent) and
ICICI Bank (down 0.16 per cent) too were in the red.
However, Federal Bank (up 0.62 per cent) and IDFC Bank (up 0.52 per cent) bucked the
trend, trading in the green
Equity market sentiment was subdued on the last day of August series of futures and options contracts
Rupee's unabated fall too weighed on the risk appetite of investors
Benchmark NSE Nifty50 index was down 24.55 points at 11,667.35, while the BSE Sensex was 55.69 points down at 38,667.24
Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red
Over 30 stocks, including D.B.Corp, Intrasoft Technologies and Unitech hit 52-week lows on NSE.
