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    Stock market update: Nifty Bank index falls 0.51% in a weak market

    Synopsis

    The Nifty Bank index was trading 0.51 per cent down at 35492.4.

    Agencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    NEW DELHI: The Nifty Bank index traded negative around 10:25AM (IST) on Wednesday in a weak market.

    AU Small Finance Bank (up 0.42 per cent), Bandhan Bank (up 0.22 per cent) and RBLBANK (up 0.18 per cent) were among the top gainers.

    ICICI Bank (down 0.81 per cent), HDFC Bank (down 0.62 per cent), Axis Bank (down 0.61 per cent), IndusInd Bank (down 0.55 per cent) and IDFCBANK (down 0.46 per cent) were the top losers on the index.

    The Nifty Bank index was down 0.51 per cent at 35492.4 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 18.6 points at 15793.75, while the BSE Sensex was down 67.55 points at 52702.18.

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

    Shares of NMDC, Suzlon Energy, Vodafone Idea, Ibull Housing Fin and Tata Power were among the most traded shares on the NSE.

    Shares of SVP Global, Shyam Century Ferro, Alicon Castalloy, Steel Strips and Sumit Woods hit their fresh 52-week highs in today's trade, while Walpar Nutritions Ltd. hit fresh 52-week lows in trade.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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