Share market update: Nifty Financial Services index rises; PFC gains 3%

NEW DELHI: The Nifty Financial Services index was up with its components trading on a mixed note in Friday’s afternoon session.

The Nifty Financial Services index was trading 0.36 per cent up at 12,554.95 around 12:59 pm.

Shares of Power Finance Corporation (up 3.29 per cent), HDFC Life Insurance Company (up 3.21 per cent), REC (up 2.88 per cent) and Axis Bank (up 1.74 per cent) were trading in the green.

Edelweiss Financial Services (down 4.16 per cent), Indiabulls Housing Finance (down 3.18 per cent), Sundaram Finance (down 2.79 per cent) and Shriram Transport Finance Company (down 0.68 per cent) were among the top losers in the index.

Benchmark NSE Nifty50 index was up 13.20 points at 11,042.60 while the BSE Sensex was up 32.80 points at 37,344.33.

Shares of Vodafone Idea, YES Bank, Tata Motors, JSPL, Ashok Leyland, SAIL, Bank of Baroda, IDBI Bank and Dish TV India were among the most traded shares on the NSE.