Stock market update: Nifty Bank index advances 0.24% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:24AM (IST) on Monday in an upbeat market.

Punjab National Bank (up 0.84 per cent), IDFCBANK (up 0.72 per cent), State Bank of India (up 0.52 per cent), Kotak Mahindra Bank (up 0.51 per cent) and AU Small Finance Bank (up 0.47 per cent) were among the top gainers.

Bandhan Bank (down 1.87 per cent), RBLBANK (down 0.89 per cent), Federal Bank (down 0.5 per cent) and Axis Bank (down 0.18 per cent) were the top losers on the index.

The Nifty Bank index was up 0.24 per cent at 35116.85 at the time of writing this report.

Benchmark NSE Nifty50 index was up 53.9 points at 16504.4, while the BSE Sensex was up 237.05 points at 55566.37.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of Vodafone Idea, YES Bank, Zomato Ltd., SAIL and BHEL were among the most traded shares on the NSE.

Shares of Steel Exchange, Nakoda Group Of Ind, Arvind Fashions, Aster DM Health and Mask Investments hit their fresh 52-week highs in today’s trade, while Ujjivan Financial, Krsnaa Diagnostics Ltd., Nuvoco Vistas Corporation Ltd., Ujjivan SFB and GFL Ltd. hit fresh 52-week lows in trade.

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