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Banking stocks plummet
22-May-20   14:00 Hrs IST

Among the components of the S&P BSE BANKEX index, Federal Bank Ltd (down 5.59%), RBL Bank Ltd (down 4.56%),ICICI Bank Ltd (down 4.48%),Axis Bank Ltd (down 4.35%),IndusInd Bank Ltd (down 3.33%), were the top losers. Among the other losers were City Union Bank Ltd (down 3.02%), HDFC Bank Ltd (down 2.66%), State Bank of India (down 0.86%), and Kotak Mahindra Bank Ltd (down 0.56%).

At 13:53 IST, the S&P BSE Sensex was down 309.46 or 1% at 30623.44.

The Nifty 50 index was down 86.05 points or 0.94% at 9020.2.

The S&P BSE Small-Cap index was down 38.94 points or 0.37% at 10509.19.

The S&P BSE 150 Midcap Index index was down 20.46 points or 0.55% at 3721.59.

On BSE,783 shares were trading in green, 1305 were trading in red and 153 were unchanged.

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