Stock market update: Nifty Bank index  falls  1.11%

The Nifty Bank index closed 1.11 per cent down at 47487.9.

NEW DELHI: The Nifty Bank index closed on a negative note on Thursday.

Shares of Bandhan Bank Ltd.(up 1.39 per cent), State Bank of India(up 1.12 per cent), Au Small Finance Bank Ltd.(up 0.5 per cent) and Bank of Baroda(up 0.06 per cent) ended the day as top gainers in the pack.

On the other hand, IndusInd Bank Ltd.(down 2.85 per cent), HDFC Bank Ltd.(down 2.38 per cent), Punjab National Bank(down 2.13 per cent), IDFC First Bank Ltd.(down 1.43 per cent) and Axis Bank Ltd.(down 1.16 per cent) finished as the top losers of the day.

The Nifty Bank index closed 1.11 per cent down at 47487.9.

Benchmark NSE Nifty50 index ended down 345.0 points at 21957.5, while the BSE Sensex stood down 1062.22 points at 72404.17.

Among the 50 stocks in the Nifty index, 7 ended in the green, while 43 closed in the red.

Shares of Vodafone Idea, YES Bank, NHPC, PNB and SBI were among the most traded shares on the NSE.

Shares of Smartlink Holdings, IRIS Business Servic, Vijaya Diagnostic, Kirloskar Elec and Dolphin Offshore hit their fresh 52-week highs in today's trade, while Ibull Housing Fin(PP), Asian Paints, Amaze Entertech, Lancor Holdings and Apollo Pipes hit their fresh 52-week lows.

Source: Stocks-Markets-Economic Times

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