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Financials shares fall

Capital Market 

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 66.73 points or 0.95% at 6979.84 at 13:48 IST.

Among the components of the S&P BSE Finance index, Centrum Capital Ltd (down 6.41%), Alankit Ltd (down 4.92%),SREI Infrastructure Finance Ltd (down 4.79%),IndusInd Bank Ltd (down 4.76%),Bandhan Bank Ltd (down 4.64%), were the top losers. Among the other losers were Weizmann Forex Ltd (down 4.49%), Shriram Transport Finance Company Ltd (down 3.44%), RBL Bank Ltd (down 3.13%), Can Fin Homes Ltd (down 2.98%), and Equitas Holdings Ltd (down 2.26%).

On the other hand, United Bank of India (up 6.69%), Jump Networks Ltd (up 5.95%), and Magma Fincorp Ltd (up 5%) moved up.

At 13:48 IST, the S&P BSE Sensex was down 289.29 or 0.69% at 41663.34.

The Nifty 50 index was down 80.85 points or 0.65% at 12281.45.

The S&P BSE Small-Cap index was up 76.62 points or 0.53% at 14460.33.

The S&P BSE 150 Midcap Index index was up 17.85 points or 0.36% at 4949.98.

On BSE,1237 shares were trading in green, 1116 were trading in red and 174 were unchanged.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 15 2020. 14:00 IST