Stock market update: Nifty Bank index falls 0.58%

NEW DELHI: The Nifty Bank index closed on a negative note on Monday.

Shares of Kotak Mahindra Bank (up 1.22 per cent), State Bank of India (up 0.13 per cent), Punjab National Bank (up 0.13 per cent), Bandhan Bank (up 0.12 per cent) and RBLBANK (up 0.06 per cent) ended the day as top gainers in the pack.

On the other hand, AU Small Finance Bank (down 1.99 per cent), ICICI Bank (down 1.78 per cent), HDFC Bank (down 0.83 per cent), Federal Bank (down 0.36 per cent) and IndusInd Bank (down 0.32 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.58 per cent down at 36471.8.

Benchmark NSE Nifty50 index ended down 13.95 points at 17355.3, while the BSE Sensex stood down 127.31 points at 58177.76.

Among the 50 stocks in the Nifty index, 32 ended in the green, while 18 closed in the red.

Shares of Vodafone Idea, YES Bank, NALCO, Coal India Ltd and SAIL were among the most traded shares on the NSE.

Shares of Cantabil Retail, ABM International L, Action Const., Deep Industries Ltd. and Polyplex Corp. hit their fresh 52-week highs in today’s trade, while Jiya Eco Products Lt, Varroc Engg., Krsnaa Diagnostics Ltd., Grand Foundry and Inventure Grwth hit their fresh 52-week lows.

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