Bank Shares May 18; IndusInd Bank Limited plunged almost 9%

Bank Shares May 18; IndusInd Bank Limited plunged almost 9%

Bank Shares May 18; IndusInd Bank Limited plunged almost 9%

Bank Shares May 18: On Monday, both Sensex and Nifty continues its bearish trend in the stock market. The Sensex is trading below 30,300 levels, and Nifty is trading below 9,000 levels in the stock market. The Sensex lost 895.70 points with a 2.88% decrease and reached a 30,203.27 level. While Nifty lost 261.75 points with a 2.86% decrease and reached 8,871.40 level.

On the other side, the number of coronavirus cases in India reached 96,169 as of Monday, May 18, and deaths reached 3,029.

Besides, the Nifty Bank shares May 18 reported a bearish trend in the stock market on Monday. It lost 1,165.20 with a 6.26% decrease and reached a 17,655.15 level. The list of companies that reported a bearish trend in the stock market are as follows:

ICICI Bank: The bank trading bearishly in the stock market on Monday. The bank lost 23.70 points with a 7.36% decrease and reached 298.95 INR. While in BSE, the bank lost 23.80 points with a 7.38% decrease and reached 298.85 INR.

State Bank of India: The bank trading bearishly in the stock market on Monday. The bank lost 9.90 points with a 5.95% decrease and reached 156.50 INR. While in BSE, the bank lost 9.90 points with a 5.95% decrease and reached 156.50 INR.

Federal Bank Limited: The bank trading bearishly in the stock market on Monday. The bank lost 3.75 points with an 8.57% decrease and reached 40.00 INR. While in BSE, the bank lost 3.80 points with an 8.68% decrease and reached 40.00 INR.

Kotak Mahindra Bank Limited: The bank trading bearishly in the stock market on Monday. The bank lost 58.85 points with a 4.99% decrease and reached 1,119.45 INR. While in BSE, the bank lost 58.05 points with a 4.93% decrease and reached 1,119.80 INR.

Punjab National Bank Limited: The bank trading bearishly in the stock market on Monday. The bank lost 1.20 points with a 4.17% decrease and reached 27.60 INR. While in BSE, the bank lost 1.20 points with a 4.16% decrease and reached 27.65 INR.

Bank of Baroda Limited: The bank trading bearishly in the stock market on Monday. The bank lost 2.50 points with a 6.01% decrease and reached 39.10 INR. While in BSE, the bank lost 2.45 points with a 5.90% decrease and reached 39.10 INR.

Bandhan Bank Limited: The bank trading bearishly in the stock market on Monday. The bank lost 13.50 points with a 5.54% decrease and reached 230.20 INR. While in BSE, the bank lost 13.15 points with a 5.40% decrease and reached 230.50 INR.

Axis Bank Ltd: The bank trading bearishly in the stock market on Monday. The bank lost 23.50 points with a 6.05% decrease and reached 365.30 INR. While in BSE, the bank lost 23.70 points with a 6.10% decrease and reached 364.95 INR.

Bank of India: The bank trading bearishly in the stock market on Monday. The bank lost 1.30 points with a 3.89% decrease and reached 32.15 INR. While in BSE, the bank lost 1.25 points with a 3.74% decrease and reached 32.20 INR.

Punjab and Sind Bank: The bank trading bearishly in the stock market on Monday. The bank lost 0.35 points with a 2.61% decrease and reached 13.05 INR. While in BSE, the bank lost 0.25 points with a 1.87% decrease and reached 13.10 INR.

Canara Bank Ltd: The bank trading bearishly in the stock market on Monday. The bank lost 5.00 points with a 5.96% decrease and reached 78.90 INR. While in BSE, the bank lost 5.10 points with a 6.07% decrease and reached 78.90 INR.

Indian Bank: The bank trading bearishly in the stock market on Monday. The bank lost 2.10 points with a 4.44% decrease and reached 45.25 INR. While in BSE, the bank lost 2.10 points with a 4.43% decrease and reached 45.30 INR.

Union Bank of India: The bank trading bearishly in the stock market on Monday. The bank lost 0.80 points with a 3.24% decrease and reached 23.90 INR. While in BSE, the bank lost 0.85 points with a 3.44% decrease and reached 23.85 INR.

Central Bank Of India: The bank trading bearishly in the stock market on Monday. The bank lost 0.65 points with a 4.36% decrease and reached 14.25 INR. While in BSE, the bank lost 0.75 points with a 5.03% decrease and reached 14.15 INR.

Indian Overseas Bank: The bank trading bearishly in the stock market on Monday. The bank lost 0.20 points with a 2.70% decrease and reached 7.15 INR. While in BSE, the bank lost 0.21 points with a 2.84% decrease and reached 7.19 INR.

UCO Bank: The bank trading bearishly in the stock market on Monday. The bank lost 0.50 points with a 4.27% decrease and reached 11.20 INR. While in BSE, the bank lost 0.44 points with a 3.76% decrease and reached 11.25 INR.

Bank of Maharashtra Ltd: The bank trading bearishly in the stock market on Monday. The bank lost 0.25 points with a 2.81% decrease and reached 8.65 INR. While in BSE, the bank lost 0.25 points with a 2.80% decrease and reached 8.67 INR.

IndusInd Bank Limited: The bank trading bearishly in the stock market on Monday. However, the bank lost 35.60 points with an 8.50% decrease and reached 383.15 INR. While in BSE, the bank lost 35.40 points with an 8.45 % decrease and reached 383.55 INR.

On the other side, there are no gainers in the Bank Sector on May 18 stock market.

In the border market, the S&P BSE Smallcap index reported a bearish trend in the stock market on Monday. It lost 260.92 points with a 2.44% decrease and reached a 10,428.12 level. The S&P BSE Midcap index lost 351.73 points with a 3.06% decrease and reached an 11,148.59 level. 

Top Gainers on May 18: Cipla, Bharti Infratel, Infosys, TCS, and ITCare the top gainers in today’s stock market

Top Losers on May 18: Indusind Bank, Zee Entertainment, ICICI Bank, Maruti Suzuki, and Axis Bank are the top losers in today’s stock market. 

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