Stock market update: Nifty Bank index falls 0.66% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:50AM(IST)on Friday in a weak market.

Bandhan Bank(up 3.43 per cent), Punjab National Bank(up 1.06 per cent) and Bank of Baroda(up 0.35 per cent) were among the top gainers.

AU Small Finance Bank(down 1.46 per cent), Federal Bank(down 1.35 per cent), ICICI Bank(down 1.35 per cent), IndusInd Bank(down 1.05 per cent) and Axis Bank(down 0.96 per cent) were the top losers on the index.

The Nifty Bank index was down 0.66 per cent at 42326.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 48.45 points at 17943.7, while the BSE Sensex was down 185.58 points at 60167.69.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 30 were in the red.

Shares of YES Bank, Suzlon Energy, Vodafone Idea, PNB and Tata Steel were among the most traded shares on the NSE.

Shares of Lambodhara Text, Rama Steel Tubes, Salzer Electro, Jagran Prakashan and Tainwala Chem hit their fresh 52-week highs in today's trade, while Sumeet Ind, Jyoti Structure, Paras Petrofils, Transwarr Fin(PP)and Omkar Speciality hit fresh 52-week lows in trade.