Stock market update: Nifty Bank index falls 0.46% in a weak market

Stock market update: Nifty Bank index falls 0.46% in a weak market
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The Nifty Bank index was trading 0.46 per cent down at 42421.95.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty Bank index traded negative around 10:50AM(IST)on Thursday in a weak market.

Kotak Mahindra Bank(up 0.71 per cent), Punjab National Bank(up 0.09 per cent) and HDFC Bank(up 0.08 per cent) were among the top gainers.

Bandhan Bank(down 4.75 per cent), IDFCBANK(down 3.99 per cent), IndusInd Bank(down 1.79 per cent), Federal Bank(down 1.72 per cent) and Axis Bank(down 1.47 per cent) were the top losers on the index.

The Nifty Bank index was down 0.46 per cent at 42421.95 at the time of writing this report.

Benchmark NSE Nifty50 index was down 66.2 points at 18132.9, while the BSE Sensex was down 184.23 points at 60883.01.

Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red.

Shares of , , PNB, IOB and UCO Bank were among the most traded shares on the NSE.

Shares of , , Vasa Retail & Overse, and hit their fresh 52-week highs in today's trade, while Ishan International Ltd., , , Annapurna Swadisht Ltd. and Dharmaj Crop Guard Ltd. hit fresh 52-week lows in trade.
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