Banking stocks edge lower

14 Feb 2022 , 02:01 PM

Among the components of the S&P BSE BANKEX index, Federal Bank Ltd (down 5.24%), ICICI Bank Ltd (down 3.76%),Bank of Baroda (down 3.7%),State Bank of India (down 3.59%),Kotak Mahindra Bank Ltd (down 3.41%), were the top losers. Among the other losers were AU Small Finance Bank Ltd (down 3.34%), Axis Bank Ltd (down 3.09%), IndusInd Bank Ltd (down 2.63%), HDFC Bank Ltd (down 2.35%), and Bandhan Bank Ltd (down 1.57%).

At 13:52 IST, the S&P BSE Sensex was down 1207.06 or 2.08% at 56945.86.

The Nifty 50 index was down 380.7 points or 2.19% at 16994.05.

The S&P BSE Small-Cap index was down 783.25 points or 2.73% at 27908.57.

The S&P BSE 150 Midcap Index index was down 227.65 points or 2.65% at 8368.63.

On BSE,711 shares were trading in green, 2765 were trading in red and 121 were unchanged.

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