Stock market update: Nifty Bank index falls 0.98%

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

Shares of Au Small Finance Bank Ltd.(up 0.13 per cent) ended the day as top gainers in the pack.

On the other hand, IDFC First Bank Ltd.(down 2.16 per cent), Federal Bank Ltd.(down 1.86 per cent), Bank of Baroda(down 1.48 per cent), HDFC Bank Ltd.(down 1.23 per cent) and State Bank of India(down 1.18 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.98 per cent down at 54877.35.

Benchmark NSE Nifty50 index ended down 261.55 points at 24683.9, while the BSE Sensex stood down 872.98 points at 81186.44.

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, BEL, Suzlon Energy and Reliance Power were among the most traded shares on the NSE.

Shares of SRM Contractors, Stampede Cap(DVR), Sanathan Textiles, Kilitch Drug and Kavita Fabrics hit their fresh 52-week highs in today's trade, while Protean eGov Techno, DRC Systems India, Chembond Chem, Vodafone Idea and Jai Balaji Inds hit their fresh 52-week lows.