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Stock market update: Nifty Bank index falls 0.55%

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

Shares of AU Small Finance Bank(up 3.32 per cent), IndusInd Bank(up 0.39 per cent), IDFCBANK(up 0.37 per cent), Punjab National Bank(up 0.28 per cent) and ICICI Bank(up 0.01 per cent) ended the day as top gainers in the pack.

On the other hand, Kotak Mahindra Bank(down 2.11 per cent), HDFC Bank(down 1.0 per cent), Axis Bank(down 0.64 per cent), State Bank of India(down 0.62 per cent) and RBLBANK(down 0.41 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.55 per cent down at 36147.35.

Benchmark NSE Nifty50 index ended down 69.85 points at 17245.65, while the BSE Sensex stood down 304.48 points at 57684.82.

Among the 50 stocks in the Nifty index, 22 ended in the green, while 28 closed in the red.

Shares of Vodafone Idea, L&T Fin Holding, SAIL, YES Bank and IDFC First Bank were among the most traded shares on the NSE.

Shares of GMR Power and Urban Infra Ltd., Shivalik Bimetal, Suven Pharma, Royal Orchid and North Eastern hit their fresh 52-week highs in today’s trade, while Dhani Ibull Ventures, SP Refractories Ltd., Gateway Distriparks Ltd., Akash Infra-Proj and A and M Jumbo Bags L hit their fresh 52-week lows.

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