Stock market update: Nifty Bank index falls 0.23% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:32AM(IST)on Tuesday in a weak market.

Federal Bank Ltd.(up 2.13 per cent), HDFC Bank Ltd.(up 0.39 per cent), Au Small Finance Bank Ltd.(up 0.23 per cent) and Punjab National Bank(up 0.05 per cent) were among the top gainers.

IDFC First Bank Ltd.(down 1.53 per cent), ICICI Bank Ltd.(down 0.75 per cent), Axis Bank Ltd.(down 0.72 per cent), Canara Bank(down 0.66 per cent) and IndusInd Bank Ltd.(down 0.65 per cent) were the top losers on the index.


The Nifty Bank index was down 0.23 per cent at 55775.55 at the time of writing this report.

Benchmark NSE Nifty50 index was down 84.4 points at 24632.2, while the BSE Sensex was down 298.02 points at 81075.73.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red.

Shares of YES Bank, Vodafone Idea, Ola Electric Mobilit, Suzlon Energy and Reliance Power were among the most traded shares on the NSE.

Shares of Mangalore Chem, FIEM Industries, Deepak Fertilisers, Radico Khaitan and Authum Investment hit their fresh 52-week highs in today's trade, while Capital Infra Trust, Osia Hyper Retail, Gujarat Lease, Rajoo Engineers and Ebixcash World Money hit fresh 52-week lows in trade.