NEW DELHI: Bank stocks were trading on a negative note at 11:53AM (IST) on Friday.
Shares of Bandhan Bank (down 2.25 per cent), Federal Bank (down 2.24 per cent), Axis Bank (down 2.18 per cent), ICICI Bank (down 2.17 per cent) and State Bank of India (down 2.06 per cent) were the top losers in the index.
While IDFC Bank (up 0.79 per cent) were among the top gainers.
The Nifty Bank index was trading 1.94 per cent down at 23075.2 around 11:53AM.
Benchmark NSE Nifty50 index was down 132.20 points at 11395.25, while the BSE Sensex was down 478.56 points at 38512.38.
Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red.
Shares of Vodafone Idea, YES Bank, Tata Motors, Bharti Infratel and Ashok Leyland were among the most traded shares on the NSE.
Shares of AstraZeneca, Adani Gas Ltd., Amber Enterprises India Ltd., Timken India and Ruchi Soya Inds hit their fresh 52 week high in today’s trade, while Vasa Retail & Overseas Ltd. and Kuantum Papers Ltd. hit fresh 52 week low in trade.