All constituents of the Bank Nifty traded in the red, indicating broad-based weakness across the banking pack
The benchmark indices saw heavy selling pressure throughout the session.
The yellow metal was later trading at Rs 1,42,500, up Rs 3,007 or 2 per cent
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Meanwhile, the 50-share NSE Nifty dropped 580.05 points, or 2.43 percent, to 23,197.75.