Stock market update: Nifty Bank index falls 0.13% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 09:59AM(IST)on Monday in a weak market.

Axis Bank(up 0.55 per cent), Bandhan Bank(up 0.41 per cent), AU Small Finance Bank(up 0.18 per cent), HDFC Bank(up 0.09 per cent) and ICICI Bank(up 0.04 per cent) were among the top gainers.

Bank of Baroda(down 2.15 per cent), Federal Bank(down 1.33 per cent), Punjab National Bank(down 1.27 per cent), State Bank of India(down 1.21 per cent) and IDFCBANK(down 1.13 per cent) were the top losers on the index.

The Nifty Bank index was down 0.13 per cent at 35227.9 at the time of writing this report.

Benchmark NSE Nifty50 index was down 67.75 points at 16516.55, while the BSE Sensex was down 231.94 points at 55537.29.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red.

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

Shares of Elecon Engg Co, Zenith Birla, Empyrean Cashews Ltd., Hindustan Motor and Kohinoor Foods hit their fresh 52-week highs in today's trade, while Shekhawati Poly, Vertoz Advertising, Future Retail, Debock Sales & Mktg and McDowell Hold hit fresh 52-week lows in trade.