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Financials shares fall

Financials shares fall

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 239.15 points or 3.34% at 6923.82 at 13:49 IST. Among the components of the S&P BSE Finance index, SREI Infrastructure Finance Ltd (down 7.89%), Centrum Capital Ltd (down 7.72%),Jammu and Kashmir Bank Ltd (down 7.3%),Bank of India (down 7.1%),RBL Bank Ltd (down 6.87%), were the top losers. Among the other losers were Bank of Maharashtra (down 6.72%), Arman Financial Services Ltd (down 6.63%), Federal Bank Ltd (down 6.42%), Geojit Financial Services Ltd (down 6.32%), and AU Small Finance Bank Ltd (down 6.24%). On the other hand, CARE Ratings Ltd (up 4.2%), Magma Fincorp Ltd (up 2.22%), and CRISIL Ltd (up 1.56%) moved up.

Financials shares surge

Financials stocks were trading in the positive zone, with the S&P BSE Finance index rising 96.61 points or 1.26% at 7750.89 at 09:48 IST. Among the components of the S&P BSE Finance index, Geojit Financial Services Ltd (up 7.64%), Centrum Capital Ltd (up 5.86%),Aditya Birla Capital Ltd (up 5.75%),IFCI Ltd (up 5.56%),Balmer Lawrie Investment Ltd (up 5.56%), were the top gainers. Among the other gainers were Central Bank of India (up 4.85%), SBI Life Insurance Company Ltd (up 4.11%), Aditya Birla Money Ltd (up 3.66%), Indian Overseas Bank (up 2.84%), and AU Small Finance Bank Ltd (up 2.75%). On the other hand, Bank of India (down 1.84%), AAVAS Financiers Ltd (down 1.8%), and CSB Bank Ltd (down 1.44%) moved lower.

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