Stock market update: Nifty Bank index falls 0.2% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:00AM(IST)on Wednesday in a weak market.

Bandhan Bank(up 1.99 per cent), Punjab National Bank(up 1.62 per cent), AU Small Finance Bank(up 0.59 per cent) and Bank of Baroda(up 0.16 per cent) were among the top gainers.

ICICI Bank(down 0.56 per cent), IDFCBANK(down 0.49 per cent), IndusInd Bank(down 0.27 per cent), HDFC Bank(down 0.21 per cent) and Kotak Mahindra Bank(down 0.19 per cent) were the top losers on the index.

The Nifty Bank index was down 0.2 per cent at 43273.6 at the time of writing this report.

Benchmark NSE Nifty50 index was down 35.05 points at 18350.25, while the BSE Sensex was down 148.72 points at 61553.57.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of YES Bank, Suzlon Energy, UCO Bank, IOB and Indian Railway Finance Corporation Ltd. were among the most traded shares on the NSE.

Shares of Skipper Ltd, Tirupati Forge, Jindal Worldwide, Cool Caps Industries Ltd. and Shriram Pistons hit their fresh 52-week highs in today's trade, while Phantom Digital Effects Ltd., Narmada Agrobase, Sintex Inds., JFL Life Sciences Ltd. and RSWM Ltd hit fresh 52-week lows in trade.