Stock market update: Nifty Bank index falls 0.56% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 10:50AM(IST)on Thursday in a weak market.

AU Small Finance Bank(up 1.71 per cent), Bandhan Bank(up 0.79 per cent) and Punjab National Bank(up 0.75 per cent) were among the top gainers.

RBLBANK(down 2.0 per cent), HDFC Bank(down 1.46 per cent), Axis Bank(down 0.89 per cent), IndusInd Bank(down 0.78 per cent) and Kotak Mahindra Bank(down 0.36 per cent) were the top losers on the index.

The Nifty Bank index was down 0.56 per cent at 38508.75 at the time of writing this report.

Benchmark NSE Nifty50 index was down 4.85 points at 18207.5, while the BSE Sensex was down 50.3 points at 61099.74.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 22 were in the red.

Shares of Suzlon Energy, JP Power, Vodafone Idea, YES Bank and SAIL were among the most traded shares on the NSE.

Shares of One Point One Soluti, Coastal Corp, Univastu India, Jullundur Motor and Tara Chand Logistic hit their fresh 52-week highs in today's trade, while Foce India Ltd., PayTM and Brand Concepts L hit fresh 52-week lows in trade.