Stock market update: Nifty Bank index falls 0.26% in a weak market

Stock market update: Nifty Bank index falls 0.26% in a weak market
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The Nifty Bank index was trading 0.26 per cent down at 39226.75.

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Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.
NEW DELHI: The Nifty Bank index traded negative around 11:15AM(IST)on Thursday in a weak market.

Bandhan Bank(up 2.04 per cent), Axis Bank(up 0.3 per cent), AU Small Finance Bank(up 0.17 per cent) and Punjab National Bank(up 0.12 per cent) were among the top gainers.

IDFCBANK(down 1.12 per cent), Kotak Mahindra Bank(down 1.12 per cent), IndusInd Bank(down 1.06 per cent), RBLBANK(down 0.71 per cent) and ICICI Bank(down 0.38 per cent) were the top losers on the index.

The Nifty Bank index was down 0.26 per cent at 39226.75 at the time of writing this report.

Benchmark NSE Nifty50 index was down 75.3 points at 17704.7, while the BSE Sensex was down 271.97 points at 59286.36.

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

Shares of Vodafone Idea, JP Power, Dhani Ibull Ventures, Suzlon Energy and PNB were among the most traded shares on the NSE.

Shares of Garware Poly, Shivalik Bimetal, Himadri Speciality, MMP Industries and Ganga Forging hit their fresh 52-week highs in today's trade, while Precision Metaliks Ltd., Dynamic Services & Security Ltd., DC Infotech and Mallcom(India)hit fresh 52-week lows in trade.

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