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Bank Nifty: Stock market update: Nifty Bank index sheds nearly 3%; Bandhan Bank dips 5%


NEW DELHI: Nifty Bank index was trading with losses at 12:55PM (IST) on Monday.
While Bandhan Bank (down 5.03 per cent), RBL Bank (down 4.77 per cent), IDFC Bank (down 4.33 per cent), Federal Bank (down 4.22 per cent) and Axis Bank (down 4.06 per cent) were the top losers in the index.
The Nifty Bank index was trading 2.8 per cent down at 34504.2 around 12:55PM.
Benchmark NSE Nifty50 index was down 251.70 points at 14779.25, while the BSE Sensex was down 876.89 points at 49915.19.
Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.
Shares of Vodafone Idea, BHEL, Tata Power, YES Bank and PNB were among the most traded shares on the NSE. ....

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