Nifty Bank Index Falls 2%; Federal Bank, Kotak Bank Top Losers

Eight of 11 sector gauges compiled by National stock Exchange were trading lower led by the Nifty Bank index's 2 per cent fall.





Nifty Media, Nifty Financial Services, Nifty FMCG, Nifty PSU Bank and Nifty Private Bank indexes also fell between 1.4-1.8 per cent each.





Top losers in banking space:





Federal Bank down 4.39%

Kotak Mahindra Bank down 3.16%

HDFC Bank down 2.04%

Bank oof Baroda down 1.87%

ICICI Bank down 1.71%



