Friday 12 May 2017


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The BSE Bankex index is one of the top losing index. It is trading down 0.45% at 25,830. Stocks such as Yes Bank, Axis Bank, ICICI Bank, HDFC Bank and Federal Bank are trading in the red.The stock of ICICI Bank, Axis Bank, HDFC bank and Yes Bank together are contributing to the index losses and dragging it to lower levels.Yes Bank is down 2.1% at Rs 1546 per share, Axis Bank is down 1% at Rs 511 per share, ICICI Bank is down 0.97% at Rs 297 per share and Federal Bank is trading at Rs 115 per share down by 0.86%.

Stocks such as Bank of Baroda, State Bank of India and Kotak Mahindra Bank are trading in green.Meanwhile, the stock of Plastiblends India rose over 10% as the company has reportedly approved 1:1 bonus share issue to its existing shareholders. It is trading at Rs 536 per share, up by 7.5% on the BSE.The S&P BSE Sensex is trading at 30,185 down 65 points, while NSE Nifty is trading at 9394 down 28 points. A total of 46 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the NSE.

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