NEW DELHI: Private bank stocks IDFC Bank (up 1.33 per cent), South Indian Bank (up 0.81 per cent) and Federal Bank (up 0.74 per cent) were trading up in morning trade on Tuesday.Shares of RBL Bank (up 0.61 per cent), IndusInd Bank (up 0.61 per cent), Kotak Mahindra Bank (up 0.37 per cent) and HDFC Bank (up 0.24 per cent) too were in the positive territory, keeping the sectoral index in the green.However, losses in YES Bank (down 0.47 per cent) and Axis Bank (down 0.19 per cent) and subdued show of ICICI Bank (up 0.04 per cent) were capping the rise of the index.
The Nifty Private Bank index was trading 0.15 per cent up at 15,319 around 10:15 am.Domestic equity market was in the positive territory amid positive Asian cues.Benchmark NSE Nifty50 index was up 50 points at 11,135, while the BSE Sensex was up 154 points at 36,872.Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.
Grasim Industries, Ultratech Cement, Hindalco Industries, Vedanta and Zee Entertainment were among the top gainers in the Nifty index.On the contrary, Bajaj Finance, Bajaj Finserv, Hero MotoCorp, Bajaj Auto and Wipro were among the top losers in the Nifty index.