Stock Market Update: Nifty Bank Index Slips 1%; ICICI Bank casts 3%

NEW DELHI: Nifty Bank index traded negatively at. 01:27 (IST) Tuesday.

The shares of ICICI Bank (down 2.92 percent), Axis Bank (down 2.73 percent), IDFC Bank (down 1.94 percent), State Bank of India (down 1.11 percent) and IndusInd Bank (down 1, 02 percent) were top losers in the index

While Kotak Mahindra Bank (an increase of 1.63 percent) and RBL Bank (an increase of 0.3 percent) were among the biggest winners.

The Nifty Bank index traded 1.09 percent down at 36898.05 around 13:27.

The benchmark NSE Nifty50 index fell 34.20 points at 15280.5 while the BSE Sensex fell 165.07 points at 51989.06.

Among the 50 stocks in the Nifty index, 21 traded in the green while 29 were in the red.

Shares in PNB, Vodafone Idea, IOB, Central Bank Ind and SBI were among the most traded shares on the NSE.

Shares in Bank of Maharashtra, Adani Gas, Bank of India, Adani Trans and Power Grid reached their new 52-week high in today’s trading, while Vera Synthetic Ltd., Sanwaria Consumer Ltd., We Win Ltd. and Jiya Eco Products Ltd. became fresh 52 weeks low trading.

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