Money on the markets

A maturing market amid the mayhem

Bankex falls 1.5 pct

June 2, 2011

The BSE Banking index ended the day down 1.5 percent with stocks like Yes Bank and ICICI falling more than 3 percent.

SBI shares however bucked the trend and ended marginally in green.

Worries about more rate hikes have been bothering this sector, and banking funds recorded a fall of more than 5 percent in May.

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