Stock market update: Nifty Bank index falls 0.67% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:21AM(IST)on Monday in a weak market.

IndusInd Bank(up 0.37 per cent) were among the top gainers.

Bandhan Bank(down 4.46 per cent), AU Small Finance Bank(down 1.99 per cent), Kotak Mahindra Bank(down 1.76 per cent), Bank of Baroda(down 1.21 per cent) and Federal Bank(down 0.98 per cent) were the top losers on the index.

The Nifty Bank index was down 0.67 per cent at 36493.9 at the time of writing this report.

Benchmark NSE Nifty50 index was down 147.8 points at 16571.65, while the BSE Sensex was down 509.55 points at 55562.68.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

Shares of Zomato Ltd., YES Bank, Vodafone Idea, Suzlon Energy and RBL Bank were among the most traded shares on the NSE.

Shares of Elecon Engg Co, Vinyl Chemicals, eMudhra Ltd., Kirloskar Elec and Network People Services Technologies Ltd. hit their fresh 52-week highs in today's trade, while Zomato Ltd., Karda Const, Birla Tyres, Gayatri Project and Radha Madhav hit fresh 52-week lows in trade.