Stock market update: Nifty Bank index falls 0.34% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:05AM(IST)on Thursday in a weak market.

IDFCBANK(up 2.26 per cent), Bandhan Bank(up 2.23 per cent), ICICI Bank(up 0.91 per cent), Federal Bank(up 0.83 per cent) and Punjab National Bank(up 0.12 per cent) were among the top gainers.

IndusInd Bank(down 1.68 per cent), Kotak Mahindra Bank(down 1.41 per cent), Axis Bank(down 1.06 per cent), HDFC Bank(down 0.78 per cent) and Bank of Baroda(down 0.68 per cent) were the top losers on the index.

The Nifty Bank index was down 0.34 per cent at 41262.7 at the time of writing this report.

Benchmark NSE Nifty50 index was down 94.05 points at 17909.7, while the BSE Sensex was down 314.15 points at 60032.82.

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

Shares of IDFC First Bank, JP Power, YES Bank, Vodafone Idea and Vedanta were among the most traded shares on the NSE.

Shares of Aarvi Encon, JSW Holdings, TRF Ltd, Jayaswal Neco and Ceat hit their fresh 52-week highs in today's trade, while FutureLifestyleFash, Piramal Ent., Sanofi India and S & S Power Switch hit fresh 52-week lows in trade.