At around 2.19 pm, Nifty Bank was trading at 35,195.60 down by 61.60 points or 0.17%. The index has touched an intraday high and low of 35,680.85 and 34,976 respectively.
Kotak Bank was the top underperformer tumbling by 4% followed by Bank of Baroda plunging 2% and HDFC Bank diving over 1%. These three stocks were the only ones in the red.
Gainers on Nifty Bank had Federal Bank in the lead surging by 3% followed by IndusInd Bank up 2.5% and SBI soaring by 2%.
Stocks like PNB, IDFC First Bank, ICICI Bank and RBL Bank were trading higher by around 1% each.
Bandhan Bank and Axis Bank climbed marginally.
Nifty PSU Bank was trading at 2,411.85 up 0.5%, on the contrary, Nifty Private Bank was down by 0.3% and trading at 18,683.55.