NEW DELHI: Punjab National Bank (number of shares traded: 1.16 crore), ICICI Bank (1.01 crore) and State Bank of India (0.49 crore) were among the most traded stocks on NSE in morning trade on Wednesday.

Stocks such as SAIL (0.42 crore), Hindalco Industries (0.33 crore), Tata Motors (0.30 crore), Bank of Baroda (0.26 crore), ITC (0.25 crore), Ashok Leyland (0.25 crore), JSW Steel (0.21 crore), Idea Cellular (0.19 crore) and Sun Pharma (0.17 crore) were also in that league.

Benchmark indices registered a negative opening on Wednesday, tracking global cues. Participants was concerned after ICICI Bank and Axis Bank were summoned to the Serious Fraud Investigation Office (SFIO) in Mumbai on Tuesday as the arm of the central government began its enquiry into the Rs 12,700-crore Nirav Modi case.

The NSE Nifty50 index was down 30 points at 10,219, while the BSE Sensex was 78 points down at 33,239 around 9:50 am.

Among the 50 stocks in the Nifty50 index, 18 were trading in the green, while 32 were in red.

HCL Tech, Tech Mahindra, Zee Entertainment, Wipro and Tata Consultancy Services were among the top gainers in the Nifty pack of stocks, while Hindalco Industries, ICICI Bank, Adani Ports SEZ, Indiabulls Housing Finance and State Bank of India were among the top losers.