Shares of ICICI Bank (down 2.69 per cent), Kotak Mahindra Bank (down 2.35 per cent), HDFC Bank (down 2.3 per cent), Axis Bank (down 1.47 per cent) and Bandhan Bank (down 1.13 per cent) were the top losers in the index.
While Bank of Baroda (up 13.3 per cent), Punjab National Bank (up 4.56 per cent), IDFC Bank (up 2.57 per cent), State Bank of India (up 1.14 per cent) and IndusInd Bank (up 0.85 per cent) were among the top gainers.
The Nifty Bank index was trading 1.33 per cent down at 36420.0 around 01:41PM.
Benchmark NSE Nifty50 index was down 105.50 points at 15103.4, while the BSE Sensex was down 431.0 points at 51272.83.
Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.
Shares of PNB, Bank of Baroda, Vodafone Idea, YES Bank and Central Bank of India were among the most traded shares on the NSE.
Shares of Central Bank of India, The New India Assurance, IOB, Bank of Baroda and NBCC hit their fresh 52 week high in today’s trade, while Vera Synthetic Ltd., Jiya Eco Products Ltd., Sanwaria Consumer Ltd., Radha Madhav Corporation Ltd., Osia Hyper Retail Ltd. and Marine Electricals (India) Ltd. hit fresh 52 week low in trade.