Canara Bank, Federal Bank, SBI among top banking losers

NEW DELHI: Shares of Canara Bank (down 3.05 per cent) emerged as the top loser in the banking space on Friday. The Nifty Bank index was down 0.74 per cent, with only IndusInd Bank (up 0.50 per cent) trading in green around 12:31 pm (IST) on Friday.

Other major banking stocks that followed the downward trend were Federal Bank (down 2.13 per cent), Bank of Baroda (down 1.88 per cent), State Bank of India (down 1.80 per cent), Punjab National Bank (down 1.75 per cent), YES Bank (down 1.06 per cent), IDFC Bank (down 0.87 per cent), HDFC Bank (down 0.67 per cent), Axis Bank (down 0.61 per cent), Kotak Mahindra Bank (down 0.39 per cent) and ICICI Bank (down 0.35 per cent).

Benchmark Nifty50 index was 48 points down at 9,581, while the 30-share Sensex was 117 points down at 31,173 around the same time.

In the Nifty50 pack, 16 stocks were trading in green, while 35 stocks were in red.

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Shares of SBI, DLF, Hindalco, ICICI Bank, RIL, Indian Oil Corp, Vedanta, Bank of Baroda, BHEL, Idea Cellular, ONGC, Tata Steel and Coal India were among most traded securities on the National Stock Exchange

Source