Bank shares today: Check how SBI, HDFC Bank and others are performing in the market

Bank shares today: Check how SBI, HDFC Bank and others are performing in the market
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Benchmark indices were trading higher aided by auto and realty stocks. Around 10:07 IST, Sensex was up 117.47 points at 59122.74. While the Nifty was up 33.70 points at 17595.70.

Moreover, about 1976 shares have advanced, 686 shares have declined, and 112 shares are unchanged.

The dollar also held below a near one-month high Wednesday. This comes as investors focused on two key risks – a default by Evergrande and the expected pace of U.S. monetary policy tightening.

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

BanksShare price
Axis Bank790.20 INR
HDFC Bank1534.20 INR
ICICI Bank708.70
Yes Bank13.20 INR
Indusind Bank1142.55 INR
Bank of Baroda78.80 INR
RBI20.98 EUR
Union Bank of India35.05 INR
Canara Bank156.10 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.

Gold futures also traded lower today. Silver futures due for a December 3 delivery were last up 0.55 per cent at Rs 60,769 against a previous close of Rs 60,439.

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