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    Stock market update: Nifty Bank index falls 0.54% in a weak market

    Synopsis

    The Nifty Bank index was trading 0.54 per cent down at 37699.25.

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.

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    NEW DELHI: The Nifty Bank index traded negative around 10:19AM(IST)on Tuesday in a weak market.

    Bank of Baroda(up 4.47 per cent), Punjab National Bank(up 1.35 per cent), IDFCBANK(up 1.19 per cent), State Bank of India(up 1.0 per cent) and IndusInd Bank(up 0.95 per cent) were among the top gainers.

    HDFC Bank(down 1.22 per cent), Bandhan Bank(down 1.2 per cent), Axis Bank(down 1.06 per cent), ICICI Bank(down 1.03 per cent) and Kotak Mahindra Bank(down 0.94 per cent) were the top losers on the index.

    The Nifty Bank index was down 0.54 per cent at 37699.25 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 103.05 points at 17237.0, while the BSE Sensex was down 287.1 points at 57828.4.

    Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

    Shares of Zomato Ltd., Vodafone Idea, YES Bank, IDFC First Bank and Tata Steel were among the most traded shares on the NSE.

    Shares of Elgi Equipments, Deepak Fertilisers, Dynamic Cables, Kshitij Polyline and International Constructions Ltd. hit their fresh 52-week highs in today's trade, while KCK Industries Ltd., SKP Bearing Industries Ltd., Birla Tyres, IMP Powers Ltd and Hind Nat Glass hit fresh 52-week lows in trade.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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