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Stock market update: Nifty Bank index falls 0.6%

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

Shares of AU Small Finance Bank(up 2.22 per cent), Bank of Baroda(up 1.99 per cent), Federal Bank(up 1.5 per cent), State Bank of India(up 0.39 per cent) and IndusInd Bank(up 0.36 per cent) ended the day as top gainers in the pack.

On the other hand, ICICI Bank(down 1.46 per cent), Axis Bank(down 0.98 per cent), HDFC Bank(down 0.94 per cent), Kotak Mahindra Bank(down 0.66 per cent) and Punjab National Bank(down 0.14 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.6 per cent down at 39301.25.

Benchmark NSE Nifty50 index ended down 216.5 points at 17542.8, while the BSE Sensex stood down 770.48 points at 58766.59.

Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red.

Shares of

, JP Power, Zomato Ltd.,

and Vodafone Idea were among the most traded shares on the NSE.

Shares of Reliance Power,

,

,

and

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

, Piramal Ent.,

,

and Biocon hit their fresh 52-week lows.