Stock market update: Nifty Bank index falls 0.27% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:24AM (IST) on Friday in a weak market.

Bandhan Bank (up 0.75 per cent), Punjab National Bank (up 0.56 per cent), Kotak Mahindra Bank (up 0.48 per cent), Axis Bank (up 0.21 per cent) and Federal Bank (up 0.13 per cent) were among the top gainers.

ICICI Bank (down 0.95 per cent), IndusInd Bank (down 0.82 per cent), IDFCBANK (down 0.36 per cent), HDFC Bank (down 0.28 per cent) and AU Small Finance Bank (down 0.18 per cent) were the top losers on the index.

The Nifty Bank index was down 0.27 per cent at 35521.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 9.25 points at 16646.15, while the BSE Sensex was down 27.57 points at 55921.53.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

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

Shares of Zen Tech, Laxmi Organic Industries Ltd., DU Digital Technologies Ltd., Mask Investments and Meghmani Finechem Ltd. hit their fresh 52-week highs in today’s trade, while CarTrade Tech Ltd. and Hero MotoCorp hit fresh 52-week lows in trade.

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