Indices trade volatile; PSU Bank, metal stocks lead

Bharti Airtel, SBI, Glenmark, Yes Bank, and ICICI Bank were the most active stocks on the NSE in afternoon trade on Monday.

Nov 18, 2019 08:11 IST India Infoline News Service

Stock Exchange
Equity benchmark indices were trading lower in the afternoon session amid profit booking seen in HDFC Bank, TCS, Reliance Industries, and ICICI Bank.

The Sensex was down 74 points at 40,283, and the Nifty was down 13 points at 11,882. 

Broader market indices were mixed with the Nifty MidCap 100 index and Nifty SmallCap 100 up over 0.5% each.

Among sectoral gauges, auto, financial services, FMCG, IT, and private bank declined, while media, metal, pharma, PSU bank, and realty shares advanced.

Bharti Airtel, SBI, Glenmark, Yes Bank and ICICI Bank were the most active stocks on the NSE.

Tata Steel, UPL, and BPCL were among the top gainers trading higher by over 3.5% each, while Yes Bank, Britannia, and Bajaj Auto fell in afternoon trade.

The Nifty PSU Bank index rose 1% to 2,488.50. Canara Bank, Bank of India, Union Bank, SBI and Bank of Baroda were up 2% each. Shares of Bank of Baroda, J&K Bank, PNB, Central Bank and Indian Bank also gained 1% each.

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