NEW DELHI: Shares of private sector banks were incurring losses in Monday's afternoon session.Shares of Axis Bank (down 1.54 per cent), RBL Bank (down 1.42 per cent) and ICICI Bank (down 0.92 per cent) were top losers in the index.
Federal Bank (down 0.65 per cent), YES Bank (down 0.40 per cent)and IndusInd Bank (down 0.16 per cent) too were trading lower.
The Nifty Private Bank index was trading 0.25 per cent down at 15,454.70 around 02:17 pm.
Benchmark NSE Nifty50 index was down 45.40 points at 10,898.20 while the BSE Sensex was down 130.53 points at 36,415.95.
Among the 50 stocks in the Nifty index, 22 were trading in the green, while 26 were in the red.
Shares of YES Bank, Tata Motors, Tata Steel, Vodafone Idea, Vedanta , SAIL, Ashok Leyland, Motherson Sumi, SBI and Sun TV were among the most traded shares on the NSE.