Stock market update: Nifty Bank index falls 1.39% – Economic Times

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

Shares of Punjab National Bank(up 0.87 per cent) and Federal Bank(up 0.12 per cent) ended the day as top gainers in the pack.

On the other hand, Axis Bank(down 2.15 per cent), HDFC Bank(down 2.13 per cent), Bank of Baroda(down 2.05 per cent), Kotak Mahindra Bank(down 1.34 per cent) and ICICI Bank(down 1.29 per cent) finished as the top losers of the day.

The Nifty Bank index closed 1.39 per cent down at 40630.6.

Benchmark NSE Nifty50 index ended down 88.55 points at 17629.8, while the BSE Sensex stood down 337.06 points at 59119.72.

Among the 50 stocks in the Nifty index, 22 ended in the green, while 28 closed in the red.

Shares of


, YES Bank, JP Power and

were among the most traded shares on the NSE.

Shares of



, Sonu

. and HSIL hit their fresh 52-week highs in today’s trade, while


, KCK Industries Ltd.,

and Kopran Ltd hit their fresh 52-week lows.

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