Stock market update: Nifty Bank index falls 1.05% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:05AM(IST)on Thursday in a weak market.

Federal Bank(up 0.4 per cent) were among the top gainers.

Bank of Baroda(down 1.65 per cent), AU Small Finance Bank(down 1.33 per cent), HDFC Bank(down 1.28 per cent), IDFCBANK(down 1.18 per cent) and ICICI Bank(down 1.17 per cent) were the top losers on the index.

The Nifty Bank index was down 1.05 per cent at 38707.6 at the time of writing this report.

Benchmark NSE Nifty50 index was down 88.5 points at 17035.1, while the BSE Sensex was down 306.45 points at 57319.46.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of

,

,

Ltd., Wipro and

were among the most traded shares on the NSE.

Shares of

,

,

, Maharashtra Seam. and Rachana Infrastructure Ltd. hit their fresh 52-week highs in today’s trade, while

, Wipro, Annapurna Swadisht Ltd., Tips

. and

hit fresh 52-week lows in trade.

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