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Banking stocks fall

September 23, 2010

Banking stocks fallBank stocks corrected on Thursday and the banking index ended down 1.2 percent, as the overall market slipped on profit booking.

SBI and ICICI Bank closed down 0.2 percent and 2.3 percent respectively. HDFC Bank and mortgage lender Housing Development Finance lost 0.6 percent.

Yes Bank gained 1.3 percent in trade, the top bankex gainer, while IndusInd Bank slipped 3.6 percent and ended as top loser.

Will you buy these stocks at this stage?

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