Kotak Mahindra Bank dived 4.7% and RBL Bank plunged 13.8%. HDFC Bank shares advanced 2.6%, emerging as sole gainer in Bank Nifty index, which shed 0.3%. Benchmark Nifty ended 0.3% lower at 24,781 in choppy trades.
LEAP India shares dropped from their listing price, slipping below the IPO issue price after a modest debut. While analysts highlight the company’s leadership in
Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.
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