Share market update: Nifty Financial Services index rises; Shriram Transport climbs 4%

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

Shares of Shriram Transport Finance Company (up 4.08 per cent), ICICI Bank (up 2.03 per cent), REC (up 1.97 per cent) and Bajaj Holdings & Investment (up 1.94 per cent) were trading in the green.

Power Finance Corporation (up 1.87 per cent), ICICI Prudential Life Insurance Company (up 1.84 per cent), Bajaj Finance (up 1.17 per cent), and Sundaram Finance (up 1.16 per cent) too were trading with gains.

The Nifty Financial Services index was trading 0.18 per cent up at 13,239.95 around 02:03 pm.

Benchmark NSE Nifty50 index was up 15.75 points at 11,687.90 while the BSE Sensex was up 71.60 points at 39,032.39.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, PNB, SBI, SAIL, Bank of Baroda, Indiabulls Housing Finance, ICICI Bank and Ashok Leyland were among the most traded shares on the NSE.

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