Market Market closes in the red as oil prices weigh Updated : May 24, 2018 10:08 AM IST The nifty Midcap index closed 112 points lower at 18,507. The Nifty Bank Index slipped 93 points to 25,685. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.