Stock market update: Nifty Bank index falls 0.6% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:34AM(IST)on Tuesday in a weak market.

Bank of Baroda(up 0.98 per cent), AU Small Finance Bank(up 0.93 per cent), Federal Bank(up 0.44 per cent), Bandhan Bank(up 0.34 per cent) and State Bank of India(up 0.17 per cent) were among the top gainers.

Kotak Mahindra Bank(down 1.28 per cent), HDFC Bank(down 1.05 per cent), ICICI Bank(down 0.76 per cent), Axis Bank(down 0.35 per cent) and IDFCBANK(down 0.28 per cent) were the top losers on the index.

The Nifty Bank index was down 0.6 per cent at 35098.35 at the time of writing this report.

Benchmark NSE Nifty50 index was down 143.5 points at 16426.05, while the BSE Sensex was down 514.58 points at 55160.74.

Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.

Shares of Vodafone Idea, ONGC, Suzlon Energy, MRPL and Zomato Ltd. were among the most traded shares on the NSE.

Shares of Chennai Petro, MRPL, Global Education, Time Technoplast and Hindustan Motor hit their fresh 52-week highs in today's trade, while Debock Sales & Mktg, Shyam Telecom, Medico Remedies, Ramco Cements and Aptus Value Housing hit fresh 52-week lows in trade.