NEW DELHI: Shares of private banks were in the red in Tuesday's morning trade. Shares of City Union Bank (down 0.92 per cent), HDFC Bank (down 0.65 per cent), ICICI Bank (down 0.49 per cent), IDFC Bank (down 0.38 per cent), IndusInd Bank (down 0.27 per cent) and Kotak Mahindra Bank (down 0.11 per cent) were the top losers in the index.

While RBL Bank (up 1.82 per cent), YES Bank (up 0.57 per cent), Axis Bank (up 0.17 per cent) and Federal Bank (up 0.17 per cent) were among the top gainers.

The Nifty Private Bank index was trading 0.3 per cent down at 16,581.45 around 09:47 am.

Benchmark NSE Nifty50 index was up 1.40 points at 11,830.8, while the BSE Sensex was up 18.76 points at 40,381.99.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.

Shares of Vodafone Idea, YES Bank, GMR Infra, Tata Motors, SBI, Indiabulls Housing, Biocon, Ashok Leyland, SAIL and JSPL were among the most traded shares on the NSE.