Sensex and Nifty Dragged Down by Banks

By Olga
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    Revised bad loans norms by RBI that would hurt profits of banks affected the Indian equity benchmarks today.

    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.

    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

    Read more about: sensex nifty
    Story first published: Wednesday, February 14, 2018, 16:24 [IST]
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