Domestic equity markets began flat on Tuesday with negative bias amid weak global cues.
S&P BSE Sensex being in red was still above 59,100. The Nifty 50 index hovered around 17,650.
Bank Nifty slipped below 37,500. Maruti Suzuki India remained the top Sensex gainer, followed by HUL, Asian Paints, Ultratech Cement, and HDFC.
IT stocks remained in red along with banking names, HCL Tech and Tech Mahindra were the worst performers followed by ICICI Bank and Titan.
Some factors that affect bank shares include overall market sentiment, future expectations, fundamental valuation, and the demand for banking services.
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| Banks | Shares |
| Ais Bank | 777.00 INR |
| HDFC Bank | 1581.60 INR |
| ICICI Bank | 623.15 |
| Yes Bank | 13.00 INR |
| Indusind Bank | 1132.95 INR |
| Bank of Baroda | 82.75 INR |
| RBI | 22.74 EUR |
| Union Bank of India | 37.55 INR |
| Canara Bank | 179.35 INR |
Moreover, the prices of petrol were hiked by the OMCs on Tuesday. This comes after a one-day hiatus.
Petrol in Delhi will cost Rs 102.64 per litre, up 25 paise since Monday. Diesel will be retailing at Rs 91.07 per litre.
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