Stock market update: Nifty Bank index falls 0.18%

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

Shares of Federal Bank(up 1.35 per cent), ICICI Bank(up 0.68 per cent), Punjab National Bank(up 0.34 per cent), Axis Bank(up 0.33 per cent) and Bank of Baroda(up 0.24 per cent) ended the day as top gainers in the pack.

On the other hand, AU Small Finance Bank(down 2.22 per cent), Bandhan Bank(down 1.6 per cent), IDFCBANK(down 1.4 per cent), HDFC Bank(down 0.9 per cent) and Kotak Mahindra Bank(down 0.78 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.18 per cent down at 42458.05.

Benchmark NSE Nifty50 index ended down 65.75 points at 18343.9, while the BSE Sensex stood down 230.12 points at 61750.6.

Among the 50 stocks in the Nifty index, 16 ended in the green, while 33 closed in the red.

Shares of Indian Railway Finance Corporation Ltd., YES Bank, Rail Vikas Nigam, PNB and HUDCO were among the most traded shares on the NSE.

Shares of Bohra Industries, Timken India, Jeena Sikho Lifecare Ltd., Archies Ltd and Cool Caps Industries Ltd. hit their fresh 52-week highs in today's trade, while Mega Flex Plastics Ltd., Piramal Pharma Ltd., Rite Zone Chemcon India Ltd., Sukhjit Starch and Vivo Collaboration Solutions Ltd. hit their fresh 52-week lows.