Nifty Bank Index: Key Winners and Losers of the Day!

In New Delhi, the Nifty Bank index ended the day on a low note, which means it lost some value. However, not all banks struggled. ICICI Bank’s share price increased by 2.52%, Canara Bank went up by 0.96%, Kotak Mahindra Bank rose by 0.7%, State Bank of India had a small increase of 0.14%, and Federal Bank went up by 0.05%. These banks were the top performers today.

On the flip side, some banks faced big losses. IndusInd Bank dropped sharply by 27.16%, Au Small Finance Bank fell by 3.11%, IDFC First Bank went down by 1.8%, Axis Bank lost 0.99%, and Bank of Baroda dropped by 0.73%. Overall, the Nifty Bank index ended 0.75% lower, closing at 47,853.95.

In other news, the main Nifty50 index increased slightly by 37.61 points, ending at 22,497.9. The BSE Sensex finished down by 12.85 points at 74,102.32. Among the 50 stocks in the Nifty50, 29 gained value, while 21 saw a drop.

Popular stocks traded today included Vodafone Idea, Zomato, IndusInd Bank, YES Bank, and Suzlon Energy. Notably, Nitiraj Engineers, Sarda Energy, Taj GVK Hotels, AXISCADES Engg Tech, and California Soft hit new highs in their share prices. Meanwhile, IndusInd Bank, Hercules Hoists, Fourth Dimension Sol, Hi-Tech Pipes, and Senco Gold reached 52-week lows.