Stock market update: Nifty Bank index falls 0.29% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:34AM(IST)on Monday in a weak market.

Federal Bank(up 2.09 per cent), IndusInd Bank(up 0.59 per cent) and ICICI Bank(up 0.54 per cent) were among the top gainers.

Bandhan Bank(down 1.38 per cent), State Bank of India(down 1.1 per cent), RBLBANK(down 1.0 per cent), Axis Bank(down 0.9 per cent) and IDFCBANK(down 0.79 per cent) were the top losers on the index.

The Nifty Bank index was down 0.29 per cent at 37488.9 at the time of writing this report.

Benchmark NSE Nifty50 index was down 134.65 points at 17141.65, while the BSE Sensex was down 419.31 points at 57413.66.

Among the 50 stocks in the Nifty index, 7 were trading in the green, while 43 were in the red.

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

Shares of Richa Info Systems Ltd., Agri-Tech(India), TCPL Packaging, Megastar Foods and SEL Manufact hit their fresh 52-week highs in today’s trade, while Restaurant Brands Asia Ltd., Nuvoco Vistas Corporation Ltd., SVP Global, Hemisphere Prop and GE Power India hit fresh 52-week lows in trade.

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