Stock market update: Nifty Bank index falls 2.34%

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

Shares of ICICI Bank(up 0.57 per cent) ended the day as top gainers in the pack.

On the other hand, Federal Bank(down 8.36 per cent), HDFC Bank(down 5.91 per cent), IndusInd Bank(down 5.4 per cent), Punjab National Bank(down 1.87 per cent) and Bandhan Bank(down 1.63 per cent) finished as the top losers of the day.


The Nifty Bank index closed 2.34 per cent down at 42661.2.

Benchmark NSE Nifty50 index ended down 186.8 points at 18069.0, while the BSE Sensex stood down 694.96 points at 61054.29.

Among the 50 stocks in the Nifty index, 20 ended in the green, while 30 closed in the red.

Shares of Indian Railway Finance Corporation Ltd., Suzlon Energy, Zomato Ltd., Manappuram Finance and Rail Vikas Nigam were among the most traded shares on the NSE.

Shares of Rane Eng Valve, HSIL, GE T&D India, Mohini Health & Hygi and Rail Vikas Nigam hit their fresh 52-week highs in today's trade, while MOS Utility, Viji Finance, BEML Land Assets, Party Cruisers Ltd. and Virinchi hit their fresh 52-week lows.