Domestic equity markets on Thursday began weekly futures with gains amid positive global cues. As Bank Nifty today was up in the green, it breached the 37,000 mark.
Broader markets were also trading in the green.
Some factors that affect bank shares include overall market sentiment, future expectations, fundamental valuation, and the demand for banking services.
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Among the sectors, banks, oil and gas sectors are under pressure while the small-cap index is trading in green.
The latest Bank shares tally for the moment
| Banks | Shares |
| Axis Bank | 809.10 INR |
| HDFC Bank | 1559.70 INR |
| ICICI Bank | 640.70 |
| Yes Bank | 13.20 INR |
| Indusind Bank | 1167.00 INR |
| Bank of Baroda | 80.45 INR |
| RBI | 21.54 EUR |
| Union Bank of India | 35.45 INR |
| Canara Bank | 162.10 INR |
Bank shares go up and down depending upon a number of factors playing in the market. For some, bank shares are a favourite while others don’t see it as that luring.
On the BSE Sensex, all the top six gainers in the morning were stocks from the banking and finance sector. Axis bank was the top gainer, it jumped 2.73 per cent, followed by Bajaj Finserv, SBI, IndusInd Bank, ICICI Bank, and HDFC Bank.
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