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Financials shares fall


Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 60.21 points or 0.78% at 7637.9 at 13:49 IST.
Among the components of the S&P BSE Finance index, Union Bank of India (down 8.33%), PNB Housing Finance Ltd (down 4.93%),SBI Cards & Payment Services Ltd (down 4.89%),Cholamandalam Investment & Finance Company Ltd (down 4.37%),Angel Broking Ltd (down 3.37%), were the top losers. Among the other losers were Computer Age Management Services Ltd (down 3.31%), Aditya Birla Money Ltd (down 3.16%), ICICI Prudential Life Insurance Company Ltd (down 2.86%), Shriram City Union Finance Ltd (down 2.79%), and Motilal Oswal Financial Services Ltd (down 2.59%).
On the other hand, Cholamandalam Financial Holdings Ltd (up 5.7%), Muthoot Capital Services Ltd (up 5.39%), and Equitas Holdings Ltd (up 4.3%) moved up. ....

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