Stock market update: Nifty Bank index falls 1.08% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:20AM(IST)on Thursday in a weak market.

RBLBANK(up 1.96 per cent), Federal Bank(up 0.17 per cent) and Punjab National Bank(up 0.13 per cent) were among the top gainers.

Kotak Mahindra Bank(down 1.91 per cent), HDFC Bank(down 1.82 per cent), Bandhan Bank(down 1.31 per cent), ICICI Bank(down 1.08 per cent) and IDFCBANK(down 0.8 per cent) were the top losers on the index.

The Nifty Bank index was down 1.08 per cent at 37289.3 at the time of writing this report.

Benchmark NSE Nifty50 index was down 226.4 points at 17698.85, while the BSE Sensex was down 800.74 points at 59422.41.

Among the 50 stocks in the Nifty index, 6 were trading in the green, while 44 were in the red.

Shares of Vodafone Idea, Suzlon Energy, JP Power, YES Bank and NBCC were among the most traded shares on the NSE.

Shares of GRP Ltd, Lagnam Spintex, Nahar Capital, BGR Energy and DCM Shriram Ind hit their fresh 52-week highs in today’s trade, while McDowell Hold, PayTM, Mas Fin Services and Lumax Ind hit fresh 52-week lows in trade.