Stock market update: Nifty Bank index falls 0.22% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:09AM(IST)on Wednesday in a weak market.

IDFCBANK(up 2.34 per cent), AU Small Finance Bank(up 0.59 per cent), State Bank of India(up 0.1 per cent) and Kotak Mahindra Bank(up 0.02 per cent) were among the top gainers.

Bandhan Bank(down 2.94 per cent), IndusInd Bank(down 0.98 per cent), Axis Bank(down 0.66 per cent), ICICI Bank(down 0.4 per cent) and Punjab National Bank(down 0.1 per cent) were the top losers on the index.


The Nifty Bank index was down 0.22 per cent at 43984.8 at the time of writing this report.

Benchmark NSE Nifty50 index was down 10.85 points at 18705.3, while the BSE Sensex was down 97.67 points at 63045.49.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of Vodafone Idea, Suzlon Energy, Reliance Power, Brightcom Group and Tata Steel were among the most traded shares on the NSE.

Shares of GKW Ltd, Ducol Organics & Col, Uma Exports, Signet Ind and Suryoday Small Finan hit their fresh 52-week highs in today's trade, while D P Abhushan, Swastik Pipe, Sahana System, Rachana Infrastructu and Infollion Research hit fresh 52-week lows in trade.