NEW DELHI: Gains in IndusInd Bank (up 1.25 per cent), ICICI Bank (up 1.19 per cent) and IDFC Bank (up 0.95 per cent) were keeping the Nifty Private Bank index in the green in morning session of Monday's trade.However, losses in South Indian Bank (down 16.44 per cent), RBL Bank (down 1.41 per cent) and HDFC Bank (down 0.97 per cent) were capping the gain of the index.
The Nifty Private Bank index was trading 0.16 per cent up at 15,220 around 10:35 am.Shares of YES Bank (up 0.79 per cent) and Axis Bank (up 0.43 per cent) too were trading with gains, whereas shares of Kotak Mahindra Bank (up 0.06 per cent) and Federal Bank (up 0.06 per cent) were almost flat around that time.Equity markets were in the positive terrain on buying in bank and FMCG stocks.ITC, ICICI Bank, IndusInd Bank and Asian Paints were the drivers of rally in Sensex amid mixed Asian cues.
However, losses in HDFC Bank, Reliance Industries and Hero MotoCorp cooled off bourses.
Benchmark NSE Nifty50 index was up 23 points at 11,033, while the BSE Sensex was up 55 points at 36,551.Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.
UPL, Bharti Airtel and NTPC were among the top gainers in the Nifty index.