Stock market update: Nifty Bank index falls 0.89%

The Nifty Bank index closed 0.89 per cent down at 51317.0.

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NEW DELHI: The Nifty Bank index closed on a negative note on Wednesday.

Shares of Federal Bank Ltd.(up 1.66 per cent) and Au Small Finance Bank Ltd.(up 0.51 per cent) ended the day as top gainers in the pack.

On the other hand, Bandhan Bank Ltd.(down 3.8 per cent), Axis Bank Ltd.(down 1.9 per cent), State Bank of India(down 1.38 per cent), Kotak Mahindra Bank Ltd.(down 1.29 per cent) and IDFC First Bank Ltd.(down 1.22 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.89 per cent down at 51317.0.

Benchmark NSE Nifty50 index ended down 65.55 points at 24413.5, while the BSE Sensex stood down 280.16 points at 80148.88.

Among the 50 stocks in the Nifty index, 19 ended in the green, while 31 closed in the red.
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Shares of Vodafone Idea, Hind Const Co, IFCI, YES Bank and IDBI Bank were among the most traded shares on the NSE.

Shares of STC India, MMTC, Agri-Tech(India), IFCI and Pondy Oxides hit their fresh 52-week highs in today's trade, while GIR Natureview, BDR Buildcon, IndInfravit Trust, 3rd Rock MultiMedia and SecUR Credentials hit their fresh 52-week lows.
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