Majority of bank stocks were trading in negative territory through Friday mid-morning session. Nifty Bank Index floats at 31,085.45, down by 1.6pc, led by greater falls in IndusInd bank.
IndusInd Bank lower by 1.27%, ICICI Bank down 1.58%, YesBank down 1.47% were major index losers on Nifty bank index.
Also, RBL Bank, Federal bank, HDFC Bank, Axis bank and Kotak bank were trading in loss, between range 0.19T to 1.18%.
On the other hand, shares of PNB, Bank of Baroda, IDFC First Bank were trading in positive zone upto 2.37%
At 11.30am, Sensex & Nifty were trading in the red with the former losing 111-points at 39,474, while the latter slips 34 points at 11,807.70.
Among the most traded shares on the NSE, the names include YesBank, PNB, DishTV, AshokLeyland and Bank of India.