Shares of ICICI Bank (down 2.92 per cent), Axis Bank (down 2.73 per cent), IDFC Bank (down 1.94 per cent), State Bank of India (down 1.11 per cent) and IndusInd Bank (down 1.02 per cent) were the top losers in the index
While Kotak Mahindra Bank (up 1.63 per cent) and RBL Bank (up 0.3 per cent) were among the top gainers.
The Nifty Bank index was trading 1.09 per cent down at 36898.05 around 01:27PM.
Benchmark NSE Nifty50 index was down 34.20 points at 15280.5, while the BSE Sensex was down 165.07 points at 51989.06.
Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.
Shares of PNB, Vodafone Idea, IOB, Central Bank Ind and SBI were among the most traded shares on the NSE.
Shares of Bank of Maharashtra, Adani Gas, Bank of India, Adani Trans and Power Grid hit their fresh 52week high in today’s trade, while Vera Synthetic Ltd., Sanwaria Consumer Ltd., We Win Ltd. and Jiya Eco Products Ltd. hit fresh 52week low in trade.