The Nifty Bank closed lower for the second consecutive day in a row on Monday.
The Nifty Bank closed 176 points lower at 52,484 while the Nifty50 closed flat but with a positive bias at 24,332.
Kotak Mahindra Bank, ICICI Bank, IndusInd Bank and Federal Bank closed in the green while some selling was seen in PNB, IDFC First Bank, Bank of Baroda and AU Small Finance Bank.
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