Stock market update: Nifty Bank index falls 0.34%

Stock market update: Nifty Bank index falls 0.34%
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The Nifty Bank index closed 0.34 per cent down at 39438.25.

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Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
NEW DELHI: The Nifty Bank index closed on a negative note on Monday.

Shares of Kotak Mahindra Bank(up 3.01 per cent), AU Small Finance Bank(up 1.71 per cent), Punjab National Bank(up 1.19 per cent), IDFCBANK(up 0.49 per cent) and Federal Bank(up 0.45 per cent) ended the day as top gainers in the pack.

On the other hand, IndusInd Bank(down 10.76 per cent), State Bank of India(down 1.36 per cent), Bandhan Bank(down 1.34 per cent), Axis Bank(down 0.25 per cent) and ICICI Bank(down 0.25 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.34 per cent down at 39438.25.

Benchmark NSE Nifty50 index ended up 151.75 points at 18068.55, while the BSE Sensex stood up 477.99 points at 60545.61.

Among the 50 stocks in the Nifty index, 39 ended in the green, while 11 closed in the red.

Shares of Vodafone Idea, YES Bank, Bank of Baroda, Union Bank India and PNB were among the most traded shares on the NSE.

Shares of IRIS Business Servic, Allied Digital, D P Abhushan, VRL Logistics and Max Ventures Ind hit their fresh 52-week highs in today's trade, while Destiny Logistics & Infra Ltd., Jiya Eco Products Lt, Airo Lam, CarTrade Tech Ltd. and Opto Circuits hit their fresh 52-week lows.

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