Stock market update: Nifty Bank index falls 1.12% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:30AM(IST)on Thursday in a weak market.

IndusInd Bank(up 5.25 per cent) and Bandhan Bank(up 3.12 per cent) were among the top gainers.

Punjab National Bank(down 8.1 per cent), ICICI Bank(down 2.05 per cent), State Bank of India(down 1.86 per cent), Kotak Mahindra Bank(down 1.82 per cent) and IDFCBANK(down 1.53 per cent) were the top losers on the index.

The Nifty Bank index was down 1.12 per cent at 40416.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 125.2 points at 18085.75, while the BSE Sensex was down 368.06 points at 60775.27.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

Shares of PNB, Vodafone Idea, YES Bank, Tata Power and IRCTC were among the most traded shares on the NSE.

Shares of SMS Lifesciences Ind, Gokul Agro Resources, KDDL Ltd, IndusInd Bank and KPI Global Infra hit their fresh 52-week highs in today’s trade, while Bombay Metrics Supply Chain Ltd., Ramco Systems, D K Enterprises Global Ltd., SREI Infra Fin and Servotech Power Syst hit fresh 52-week lows in trade.

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