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MUMBAI: Banking stocks barometer of the Bombay Stock Exchange Bankex fell by over 4 per cent to 4,285.11 points in morning trade on Tuesday amid heavy selling.

The Bankex, which dipped to an intra-day low of 4,266.44 points, down 4.46 per cent, in early trade, was quoted at 4,285.11 points, down 4.05 per cent, in late morning trade.

The country's largest private sector lender ICICI Bank plummeted by 6.45 per cent to Rs 305. It had opened at Rs 313 and over 5.78 lakh shares changed hands on the BSE.

HDFC Bank dropped by 5.70 per cent at Rs 848. Yes Bank fell by 3.41 per cent, Axis Bank 3.64 per cent and Kotak Bank lost 2.71 per cent in the morning trade.

Among public sector banks, SBI fell 5.19 per cent to an intra-day low of Rs 1001.10, while PNB dropped 3.38 per cent. Other public sector banks which fell include Union Bank (down 2.22 per cent), Bank of India (2.69 per cent) and Bank of Baroda (3.64 pe r cent). – PTI

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