Stock market update: Nifty Bank index falls 1.63% in a weak market

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NEW DELHI: The Nifty Bank index traded negative around 11:39AM(IST)on Monday in a weak market.

AU Small Finance Bank(up 0.19 per cent) were among the top gainers.

RBLBANK(down 3.27 per cent), Punjab National Bank(down 3.12 per cent), State Bank of India(down 3.05 per cent), Kotak Mahindra Bank(down 2.4 per cent) and Federal Bank(down 2.22 per cent) were the top losers on the index.

The Nifty Bank index was down 1.63 per cent at 37356.1 at the time of writing this report.

Benchmark NSE Nifty50 index was down 196.0 points at 17568.8, while the BSE Sensex was down 684.33 points at 58951.68.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Shares of Vodafone Idea, Trident Ltd, YES Bank, Tata Power and PNB were among the most traded shares on the NSE.

Shares of D K Enterprises Global Ltd., Dhunseri Invst, Lakshmi Finance, Kotyark Industries Ltd. and Bharti Airtel(PP)hit their fresh 52-week highs in today’s trade, while Fino Payments Bank Ltd., One97 Communications Ltd., Sadbhav Eng, Spandana Sphoorty and Nidan Laboratories And Healthcare Ltd. hit fresh 52-week lows in trade.