Stock market update: Nifty Bank index advances 0.65%

NEW DELHI: The Nifty Bank index closed on a positive note on Friday.

Shares of HDFC Bank (up 1.65 per cent), State Bank of India (up 0.95 per cent), ICICI Bank (up 0.49 per cent), Axis Bank (up 0.34 per cent) and AU Small Finance Bank (up 0.22 per cent) ended the day as top gainers in the pack.

On the other hand, IndusInd Bank (down 1.08 per cent), IDFCBANK (down 0.87 per cent), Bandhan Bank (down 0.47 per cent), Federal Bank (down 0.35 per cent) and Punjab National Bank (down 0.13 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.65 per cent up at 36169.35.

Benchmark NSE Nifty50 index ended up 164.7 points at 16529.1, while the BSE Sensex stood up 593.31 points at 55437.29.

Among the 50 stocks in the Nifty index, 33 ended in the green, while 17 closed in the red.

Shares of Vodafone Idea, YES Bank, SAIL, NALCO and Ashok Leyland were among the most traded shares on the NSE.

Shares of Shriram City Union, SVP Global, Kovai Medical, Technocraft Ind and Krebs Biochem hit their fresh 52-week highs in today’s trade, while Chaman Lal Setia, Suryoday Small Finance Bank Ltd., Future Market, Gulf Oil India and YES Bank hit their fresh 52-week lows.

Source Link