NEW DELHI: Bank shares were trading with losses in Thursday's morning session.
Shares of Yes Bank (down 4 per cent), IDFC BANK (down 3.86 per cent), RBL BANK (down 2.71 per cent), Bank of Baroda (down 1.07 per cent), IndusInd Bank (down 0.93 per cent), HDFC Bank (down 0.88 per cent), Punjab National Bank (down 0.66 per cent), State Bank of India (down 0.47 per cent), Axis Bank (down 0.44 per cent), Kotak Mahindra Bank (down 0.31 per cent) and Federal Bank (down 0.26 per cent) were the top losers in the index.
The Nifty Bank index was trading 0.6 per cent down at 30693.1 around 09:48 am.
Benchmark NSE Nifty50 index was down 49.25 points at 12080.25 , while the BSE Sensex was down 174.81 points at 41,023.85.
Among the 50 stocks in the Nifty index, 10 were trading in the green, while 38 were in the red.
Shares of Vodafone Idea, YES Bank, Tata Motors, SAIL, Bharti Airtel, United Spirits, SBI, ICICI Bank, Bank of Baroda and Indian Oil Corp were among the most traded shares on the NSE.