Banking sector leads the market with nearly 2% rise on BSE

The banking sector on Tuesday was trading up 1.73% intraday on BSE.

With the public banking sector up 1.83% and private banking sector up 1.78% at 1200 hours. (See here)

The top gainers in the public sector were Union bank of India (2.75%), Indian bank (2.62%), Bank of India (2.26%), Bank of Baroda (2.25%) and Syndicate bank (2.13%).

Top gainers in the private sector were Axis bank (3.91%), Yes bank (3.31%), Karnataka bank (3.14%), DCB bank (2.75%) and ICICI bank (2.32%).

City Union bank, however, were trading down 0.38% with its Last Traded Price (LTP) at Rs 132.75 per share.

Indian market indices opened in green with BSE Sensex at 52-week high of 28,785.71 points and NSE Nifty that touched 8,8710.10 points on account of strong Asian cues and Indian macro data monthly survey that showed positive cues in rate of expansion in the Indian service sector.

BSE Sensex was up 1.05% at 1231 hours at 28,832.09 points while NSE Nifty was also trading higher at 8,901.9 points.