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Banking shares fall on year-end profit-taking

BSE banking index has gained nearly 57% this year as of Thursday's close

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Reuters Mumbai

Bank shares were trading lower on profit-taking. The BSE banking index has gained nearly 57% this year as of Thursday's close .

Profit-taking was seen tied to the squaring of books at the end of the year.

ICICI Bank and HDFC Bank were down 0.16% and 0.6% respectively.

State Bank of India falls 0.5%. Shares of SBI have gained 45.5% this year.

 

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First Published: Dec 28 2012 | 4:02 PM IST

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