Bankex free fall as RBI kept the rates unchanged.

The Bse Bankex which represents the 10 banking stocks has fallen sharp as the RBI has kept the repo rate unchanged at 6.25%.
 
All the 10 stocks are trading in the index are trading in red. The Bankex has fallen by 190 points.
 
HDFC Bank, Federal Bank, Yes Bank, SBI, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Bank of Baroda and PNB which represent the index have lost in the range of 0.49 to 3.26%.
 
PNB is the highest loser in the index and has fallen by 3.26%. Sensex on the other hand, has fallen by nearly 200 points.