Stock market update: Nifty Bank index falls 0.09% in a weak market

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

AU Small Finance Bank(up 0.79 per cent), HDFC Bank(up 0.46 per cent) and Federal Bank(up 0.45 per cent) were among the top gainers.

Punjab National Bank(down 1.87 per cent), Bandhan Bank(down 1.12 per cent), Bank of Baroda(down 0.51 per cent), Axis Bank(down 0.46 per cent) and Kotak Mahindra Bank(down 0.38 per cent) were the top losers on the index.

The Nifty Bank index was down 0.09 per cent at 41254.45 at the time of writing this report.

Benchmark NSE Nifty50 index was down 48.4 points at 18097.0, while the BSE Sensex was down 170.46 points at 60950.89.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

Shares of Zomato Ltd., PNB, Suzlon Energy, YES Bank and Shree Ren Sug were among the most traded shares on the NSE.

Shares of Karnataka Bank, AXISCADES Engineeri, Mazagon Dock Ship, Prudent Corporate Advisory Services Ltd. and Vikas Proppant & Gr hit their fresh 52-week highs in today's trade, while Future Retail, Narmada Agrobase, Penta Gold, Williamson Magor and Rel Capital hit fresh 52-week lows in trade.