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Sensex and Nifty Dragged Down by Banks
The S&P BSE Sensex fell 0.4% (144 points) to 34,156 and the NSE Nifty 50 Index was down by 0.37% (39 points) to 10,500.90.
Revised bad loans norms by RBI that would hurt profits of banks affected the Indian equity benchmarks today.
The S&P BSE Sensex fell 0.4% (144 points) to 34,156 and the NSE Nifty 50 Index was down by 0.37% (39 points) to 10,500.90.
Among individual shares, PNB was the biggest loser after it detected fraudulent activities in its Mumbai branch early today.
The Biggest Losers on BSE were:
| Security | Last Traded Price (Rs) | Change | % Change |
|---|---|---|---|
| Punjab National Bank | 145.8 | -15.85 | -9.81 |
| JK Tyre and Industries Ltd | 175.35 | -15 | -7.88 |
| Bank of India | 133.45 | -11.4 | -7.87 |
| Allahabad Bank | 56.25 | -4.75 | -7.79 |
| Oriental Bank of Commerce | 104 | -8.35 | -7.43 |
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