Stock market update: Nifty Bank index falls 0.11% in a weak market

The Nifty Bank index was trading 0.11 per cent down at 35488.3.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: The Nifty Bank index traded negative around 11:10AM(IST)on Friday in a weak market.

Bandhan Bank(up 1.6 per cent), Kotak Mahindra Bank(up 0.63 per cent), State Bank of India(up 0.54 per cent), IndusInd Bank(up 0.51 per cent) and Punjab National Bank(up 0.42 per cent) were among the top gainers.

AU Small Finance Bank(down 2.13 per cent), HDFC Bank(down 0.47 per cent), ICICI Bank(down 0.43 per cent), Axis Bank(down 0.26 per cent) and IDFCBANK(down 0.12 per cent) were the top losers on the index.


The Nifty Bank index was down 0.11 per cent at 35488.3 at the time of writing this report.

Benchmark NSE Nifty50 index was down 41.95 points at 17180.8, while the BSE Sensex was down 148.96 points at 57446.72.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 33 were in the red.
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Shares of Adani Power, IDFC First Bank, L&T Fin Holding, Vodafone Idea and Suzlon Energy were among the most traded shares on the NSE.

Shares of Krishana Phoschem, Inox Leisure, VIP Ind., Indian Hotels and Kamat Hotels hit their fresh 52-week highs in today's trade, while Future Enterprises, Felix Industries, Akash Infra-Proj, GMR Power and Urban Infra Ltd. and Ganga Forging hit fresh 52-week lows in trade.
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