Share market update: Nifty Financial Services index up; Indiabulls Housing Finance jumps 5%

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NEW DELHI: The Nifty Financial Services index was up with most of its components trading with gains in Tuesday’s afternoon session.

Shares of Indiabulls Housing Finance (up 5.69 per cent), Shriram Transport Finance Company (up 4.20 per cent), Cholamandalam Investment & Finance Company (up 3.75 per cent) and Indiabulls Ventures (up 3.51 per cent) were the top gainers in the index.

ICICI Bank (up 2.38 per cent), Mahindra & Mahindra Financial Services (up 1.58 per cent), State Bank of India (up 1.37 per cent) and REC (up 1.08 per cent) too were trading with gains.

The Nifty Financial Services index was trading 0.69 per cent up at 12,264 around 02:13 pm.

Benchmark NSE Nifty50 index was up 90.90 points at 11,239.10 while the BSE Sensex was up 291.69 points at 37,382.51.

Among the 50 stocks in the Nifty index, 37 were trading in the green, while 13 were in the red.

Shares of Vodafone Idea, YES Bank, IDFC First Bank, SAIL, DHFL, PNB, PC Jeweller, Dish TV India, GMR Infra and Bank of Baroda were among the most traded shares on the NSE.


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