Bandhan Bank (up 0.6 per cent) were among the top gainers.
HDFC Bank (down 2.41 per cent), IDFCBANK (down 1.39 per cent), Federal Bank (down 1.19 per cent), IndusInd Bank (down 1.17 per cent) and Kotak Mahindra Bank (down 0.97 per cent) were the top losers on the index.
The Nifty Bank index was down 1.24 per cent at 35308.75 at the time of writing this report.
Benchmark NSE Nifty50 index was down 96.9 points at 15826.5, while the BSE Sensex was down 360.25 points at 52779.81.
Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.
Shares of Vodafone Idea, NALCO, Tata Power, Ibull Real Estate and YES Bank were among the most traded shares on the NSE.
Shares of G R Infraprojects Ltd., Clean Science & Technology Ltd., MPS Infotecnics, Archies Ltd and Pearl Global hit their fresh 52-week highs in today’s trade, while Walpar Nutritions Ltd., Suryoday Small Finance Bank Ltd. and OCL Iron Steel hit fresh 52-week lows in trade.