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Financials shares gain

Bank of Baroda Slips 5 42%, S&P BSE Finance index Shed 1 43%

Financials shares fall

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 149.29 points or 2.12% at 6881.56 at 13:48 IST. Among the components of the S&P BSE Finance index, ICICI Securities Ltd (down 7.09%), Dewan Housing Finance Corporation Ltd (down 5%),SBI Cards & Payment Services Ltd (down 4.95%),ICICI Lombard General Insurance Company Ltd (down 4.64%),Ujjivan Financial Services Ltd (down 4.63%), were the top losers. Among the other losers were Shriram Transport Finance Company Ltd (down 4.4%), Aditya Birla Capital Ltd (down 4.05%), Axis Bank Ltd (down 3.94%), DCB Bank Ltd (down 3.8%), and Central Bank of India (down 3.67%). On the other hand, IFCI Ltd (up 5.2%), MAS Financial Services Ltd (up 4.4%), and Bank of Maharashtra (up 3.89%) moved up.

Blackstone-owned Aadhar Housing Finance files draft papers for its $1b Indian listing

Financials stocks edge higher

Financials stocks were trading in green, with the S&P BSE Finance index increasing 5.97 points or 0.08% at 7053.13 at 09:48 IST. Among the components of the S&P BSE Finance index, Shriram Transport Finance Company Ltd (up 5.95%), Capri Global Capital Ltd (up 4.47%),Cholamandalam Investment & Finance Company Ltd (up 2.55%),Shriram City Union Finance Ltd (up 2.35%),Housing Development Finance Corporation Ltd (up 1.72%), were the top gainers. Among the other gainers were HDFC Bank Ltd (up 1.68%), Mahindra & Mahindra Financial Services Ltd (up 1.64%), Paisalo Digital Ltd (up 1.49%), Spandana Sphoorty Financial Ltd (up 1.33%), and Pilani Investment & Industries Corporation Ltd (up 1.32%). On the other hand, RBL Bank Ltd (down 5.77%), Nippon Life India Asset Management Ltd (down 5.48%), and Dewan Housing Finance Corporation Ltd (down 4.94%) turned lower.

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