Financials stocks edge lower

Financials stocks were trading in red, with the S&P BSE Finance index decreasing 61.35 points or 0.88% at 6934.73 at 13:52 IST.
Among the components of the S&P BSE Finance index, CARE Ratings Ltd (down 7.4%), Dewan Housing Finance Corporation Ltd (down 4.97%),Lakshmi Vilas Bank Ltd (down 4.78%),Religare Enterprises Ltd (down 4.31%),Satin Creditcare Network Ltd (down 3.96%), were the top losers. Among the other losers were Bandhan Bank Ltd (down 3.41%), IndusInd Bank Ltd (down 3.26%), Indiabulls Housing Finance Ltd (down 3.21%), City Union Bank Ltd (down 2.86%), and General Insurance Corporation of India (down 2.52%).
On the other hand, IFCI Ltd (up 8.45%), Dolat Investments Ltd (up 8.08%), and Yes Bank Ltd (up 6.68%) turned up.
At 13:52 IST, the S&P BSE Sensex was down 203.6 or 0.49% at 41362.3.
The Nifty 50 index was down 58.95 points or 0.48% at 12142.25.
Also Read
The S&P BSE Small-Cap index was down 11.62 points or 0.08% at 14719.43.
The S&P BSE 150 Midcap Index index was down 20.2 points or 0.4% at 5084.38.
On BSE,970 shares were trading in green, 1336 were trading in red and 144 were unchanged.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 13 2020 | 2:00 PM IST
