ReutersShares of Kotak Mahindra Bank(up 0.1 per cent) and HDFC Bank(up 0.08 per cent) ended the day as top gainers in the pack.
On the other hand, Bandhan Bank(down 2.97 per cent), State Bank of India(down 2.81 per cent), Bank of Baroda(down 2.42 per cent), AU Small Finance Bank(down 2.35 per cent) and Punjab National Bank(down 2.05 per cent) finished as the top losers of the day.
The Nifty Bank index closed 0.67 per cent down at 41282.2.
Benchmark NSE Nifty50 index ended down 85.6 points at 17770.9, while the BSE Sensex stood down 250.86 points at 60431.84.
Among the 50 stocks in the Nifty index, 18 ended in the green, while 32 closed in the red.
Shares of YES Bank, Zomato Ltd., , PNB and were among the most traded shares on the NSE.
Shares of Motor Gen Fin, , , and hit their fresh 52-week highs in today's trade, while , , Excel Ind, Elin Electronics Ltd. and hit their fresh 52-week lows.
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Vodafone Idea in Talks to Refinance ₹3k-4k Cr LoansVodafone Idea (Vi) has started fresh talks with key lenders, including State Bank of India, Punjab National Bank and HDFC Bank, to refinance ₹3,000-4,000 crore of loans, bankers familiar with the matter said.
Tata Group Set to Record Highest Growth in HistoryTata Group is set to record the highest growth in its history, with both unlisted and listed entities growing upwards of 20%. Importantly, both traditional and new businesses have lined up large capex plans. The traditional businesses will fund their own growth through internal accruals.
More FAME II Funds may Go to E-busesThe government is considering tweaking the allocation of funds under its electric vehicle subsidy scheme to focus more on replacing diesel buses in public transport, amid allegations that many electric two-wheeler makers had wrongfully claimed incentives.
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