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Banking shares fall on year-end profit-taking

Source : REUTERS
Last Updated: Fri, Dec 28, 2012 10:04 hrs
A labourer works on the sign of a bank building in the western Indian city of Ahmedabad

Bank shares were trading lower on profit-taking. The BSE banking index has gained nearly 57 percent this year as of Thursday's close .

Profit-taking was seen tied to the squaring of books at the end of the year.

ICICI Bank and HDFC Bank were down 0.16 percent and 0.6 percent respectively.

State Bank of India falls 0.5 percent. Shares of SBI have gained 45.5 percent this year.


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