YES Bank Plunges Around 7%
It was seen that the bank shares were trading in the red with the Nifty Bank index trading 0.74 per cent down at 24,633.45 around 10:03 am.
Shares of YES Bank, IDFC Bank, ICICI Bank, IndusInd Bank and Axis Bank, were the top losers in the index. Federal Bank, Kotak Mahindra Bank and Punjab National Bank too appeared among top laggards.
Benchmark NSE Nifty50 index was down 76.45 points at 10,048.45 while BSE Sensex was down 220.52 points at 33,469.57 at that time.
Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.
Shares of YES Bank, Ambuja Cements, BHEL, SBI, Vedanta, Idea Cellular, Bank of Baroda, Hindalco Inds., Tata Motors, ICICI Bank and Ashok Leyland were among the most traded shares on the National Stock Exchange.