Stock market update: Nifty Bank index falls 0.17% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:40AM(IST)on Tuesday in a weak market.

Punjab National Bank(up 3.26 per cent), Bank of Baroda(up 2.12 per cent), Bandhan Bank(up 1.25 per cent), Axis Bank(up 0.63 per cent) and IDFCBANK(up 0.58 per cent) were among the top gainers.

ICICI Bank(down 1.06 per cent), HDFC Bank(down 0.48 per cent), AU Small Finance Bank(down 0.09 per cent) and Kotak Mahindra Bank(down 0.03 per cent) were the top losers on the index.

The Nifty Bank index was down 0.17 per cent at 43260.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 61.85 points at 18639.2, while the BSE Sensex was down 214.89 points at 62619.71.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 35 were in the red.

Shares of PNB, Suzlon Energy, YES Bank, Bank of India and UCO Bank were among the most traded shares on the NSE.

Shares of Ponni Sugars, Punjab Sind Bank, Bank of India, IDBI Bank and Ugar Sugar Work hit their fresh 52-week highs in today's trade, while Amiable Logistic(India)Ltd., Ameya Precision Engineers Ltd., Dhanuka Realty, Nureca Ltd. and Nakoda Group Of Ind hit fresh 52-week lows in trade.