Indices: Stock market update: Nifty Bank index falls 0.8%


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

Shares of Punjab National Bank(up 0.69 per cent), Axis Bank Ltd.(up 0.18 per cent) and IDFC First Bank Ltd.(up 0.02 per cent) ended the day as top gainers in the pack.

On the other hand, IndusInd Bank Ltd.(down 2.44 per cent), Au Small Finance Bank Ltd.(down 2.4 per cent), Bank of Baroda(down 1.82 per cent), HDFC Bank Ltd.(down 1.3 per cent) and Canara Bank(down 1.04 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.8 per cent down at 56999.2.

Benchmark NSE Nifty50 index ended down 88.4 points at 25453.4, while the BSE Sensex stood down 287.6 points at 83409.69.


Among the 50 stocks in the Nifty index, 23 ended in the green, while 27 closed in the red. Shares of Vodafone Idea, RattanIndia Power, Sagility India, PC Jeweller and JP Power were among the most traded shares on the NSE. Shares of Gabriel India, TN Telecom, Prime Focus, Euro India Fresh and Niraj Ispat Ind. hit their fresh 52-week highs in today’s trade, while Jindal Worldwide, Stampede Cap(DVR), Ganga Forging, Sadhana Nitro and Raymond Realty hit their fresh 52-week lows.



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