Stock market update: Nifty Bank index falls 0.78%

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

Shares of Bandhan Bank(up 1.34 per cent), Axis Bank(up 0.7 per cent) and RBLBANK(up 0.52 per cent) ended the day as top gainers in the pack.

On the other hand, Kotak Mahindra Bank(down 2.86 per cent), IndusInd Bank(down 1.39 per cent), IDFCBANK(down 1.22 per cent), State Bank of India(down 0.98 per cent) and Punjab National Bank(down 0.8 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.78 per cent down at 35695.3.

Benchmark NSE Nifty50 index ended down 70.75 points at 16983.2, while the BSE Sensex stood down 195.71 points at 57064.87.

Among the 50 stocks in the Nifty index, 21 ended in the green, while 29 closed in the red.

Shares of Vodafone Idea, Zomato Ltd., Tata Power, YES Bank and REC were among the most traded shares on the NSE.

Shares of Go Fashion(India)Ltd., KPIT Tech, Timken India, Orient Electric and Lovable Lingerie hit their fresh 52-week highs in today’s trade, while Quadpro ITeS Ltd., Nidan Laboratories And Healthcare Ltd., DCB Bank, Gulf Oil India and CreditAccess Grameen hit their fresh 52-week lows.

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