Share market update: Bank stocks mixed ahead of RBI's policy outcome; YES Bank dips over 1%

NEW DELHI: Bank shares were trading mixed with its sectoral index flat on Thursday ahead of the RBI policy outcome due today.




Shares of Axis BankNSE 0.50 % (up 0.87 per cent), Kotak Mahindra Bank (up 0.43 per cent), State Bank of India (up 0.22 per cent) and HDFC Bank (up 0.19 per cent) were the top gainers in the index.

YES Bank (down 1.77 per cent), RBL Bank (down 1.54 per cent), IDFC First Bank (down 0.55 per cent) and IndusInd Bank (down 0.34 per cent) were trading lower.

Benchmark NSE Nifty50 index was down 2.50 points at 11,641.45 while the BSE Sensex was down 3.43 points at 38,873.69.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of YES Bank, SAIL, Tata Motors, Indiabulls Housing Finance, Bank of Baroda, SBINSE -0.02 %, Bharti Airtel, Zee Ent., Ashok Leyland, Ambuja Cements and DLF were among the most traded shares on the NSE.

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