Stock market update: Nifty Bank index falls 0.84%

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

Shares of Federal Bank(up 3.63 per cent), RBLBANK(up 1.46 per cent), Punjab National Bank(up 1.13 per cent), AU Small Finance Bank(up 0.46 per cent) and HDFC Bank(up 0.07 per cent) ended the day as top gainers in the pack.

On the other hand, Axis Bank(down 1.99 per cent), State Bank of India(down 1.52 per cent), IDFCBANK(down 1.35 per cent), Kotak Mahindra Bank(down 1.23 per cent) and ICICI Bank(down 1.22 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.84 per cent down at 37425.1.

Benchmark NSE Nifty50 index ended down 93.15 points at 17618.15, while the BSE Sensex stood down 286.91 points at 59126.36.

Among the 50 stocks in the Nifty index, 10 ended in the green, while 40 closed in the red.

Shares of Vodafone Idea, Tata Power, BHEL, PNB and IOB were among the most traded shares on the NSE.

Shares of Quadpro ITeS Ltd., Thejo Engg, Spencer’s Retail Ltd., Triveni Turbine and Ambika Cotton hit their fresh 52-week highs in today’s trade, while Shrenik, Inventure Grwth, BKM Industries, Suvidhaa Infoserve Ltd. and Krsnaa Diagnostics Ltd. hit their fresh 52-week lows.

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