Stock market update: Nifty Bank index falls 0.89%

The Nifty Bank index closed 0.89 per cent down at 47445.3.

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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 Wednesday.

Shares of Au Small Finance Bank Ltd.(up 3.93 per cent) and HDFC Bank Ltd.(up 0.24 per cent) ended the day as top gainers in the pack.

On the other hand, Punjab National Bank(down 4.97 per cent), Bandhan Bank Ltd.(down 3.72 per cent), IDFC First Bank Ltd.(down 3.1 per cent), Bank of Baroda(down 3.0 per cent) and State Bank of India(down 2.89 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.89 per cent down at 47445.3.

Benchmark NSE Nifty50 index ended down 302.95 points at 21150.15, while the BSE Sensex stood down 930.88 points at 70506.31.

Among the 50 stocks in the Nifty index, 4 ended in the green, while 46 closed in the red.
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Shares of Vodafone Idea, YES Bank, Indian Railway Fin, Reliance Power and JP Power were among the most traded shares on the NSE.

Shares of SAL Steel Ltd, Capital Trust, CL Educate, Times Guaranty and Hindcon Chemicals hit their fresh 52-week highs in today's trade, while Bajel Projects, Bohra Industries, Aeroflex Industries, ASK Automotive and Shivalik Rasayan hit their fresh 52-week lows.
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