Stock market update: Nifty Bank index falls 0.6%

The Nifty Bank index closed 0.6 per cent down at 49210.55.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty Bank index closed on a negative note on Monday.

Shares of Au Small Finance Bank Ltd.(up 1.31 per cent), IDFC First Bank Ltd.(up 0.51 per cent) and IndusInd Bank Ltd.(up 0.33 per cent) ended the day as top gainers in the pack.

On the other hand, Canara Bank(down 2.18 per cent), Federal Bank Ltd.(down 1.92 per cent), Bank of Baroda(down 1.36 per cent), Punjab National Bank(down 1.04 per cent) and Kotak Mahindra Bank Ltd.(down 0.98 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.6 per cent down at 49210.55.

Benchmark NSE Nifty50 index ended down 121.11 points at 23361.05, while the BSE Sensex stood down 319.22 points at 77186.74.

Among the 50 stocks in the Nifty index, 15 ended in the green, while 35 closed in the red.
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Shares of Vodafone Idea, Suzlon Energy, Zomato, Vishal Mega Mart and YES Bank were among the most traded shares on the NSE.

Shares of KRN Heat Exchanger, Bajaj Finance, Reliance Naval & Engg, Oil Country Tub and Shaily Engg Plastics hit their fresh 52-week highs in today's trade, while Divgi Torqtransfer, Rites, Paramount Comm, Barak Valley and GNA Axles hit their fresh 52-week lows.
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