Stock market update: Nifty Bank index falls 0.92% in a weak market

NEW DELHI: The Nifty Bank index traded negative around 11:26AM(IST)on Wednesday in a weak market.

IDFCBANK(up 0.06 per cent) were among the top gainers.

Punjab National Bank(down 1.85 per cent), Federal Bank(down 1.48 per cent), Bandhan Bank(down 1.48 per cent), ICICI Bank(down 1.22 per cent) and Bank of Baroda(down 1.1 per cent) were the top losers on the index.

The Nifty Bank index was down 0.92 per cent at 44553.0 at the time of writing this report.

Benchmark NSE Nifty50 index was down 91.25 points at 19479.6, while the BSE Sensex was down 346.04 points at 65500.46.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Suzlon Energy, Indian Railway Fin, Reliance Power, Bank of Maharashtra and Zomato were among the most traded shares on the NSE.

Shares of Tasty Bite Eatable, Birla Cable, Hind Const Co, Hisar Metal Ind and NLC India hit their fresh 52-week highs in today's trade, while Vinny Overseas, Advitiya Trade India, Aakash Exploration, Pentagon Rubber and Godha Cabcon & Insul hit fresh 52-week lows in trade.