Stock market update: Nifty Bank index advances 0.82%

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

Shares of Kotak Mahindra Bank (up 2.86 per cent), Federal Bank (up 1.9 per cent), AU Small Finance Bank (up 1.5 per cent), Bandhan Bank (up 1.06 per cent) and Axis Bank (up 0.87 per cent) ended the day as top gainers in the pack.

On the other hand, IDFCBANK (down 0.54 per cent), IndusInd Bank (down 0.16 per cent) and RBLBANK (down 0.06 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.82 per cent up at 36768.2.

Benchmark NSE Nifty50 index ended down 8.6 points at 17353.5, while the BSE Sensex stood down 29.22 points at 58250.26.

Among the 50 stocks in the Nifty index, 27 ended in the green, while 23 closed in the red.

Shares of Vodafone Idea, YES Bank, IDFC First Bank, PNB and Trident Ltd were among the most traded shares on the NSE.

Shares of Rex Pipes and Cables Industries Ltd., Alphageo , Goldiam Intnl, Kamdhenu and Arman Financial hit their fresh 52-week highs in today’s trade, while Nandani Creation, Jalan Transolutions, Inventure Grwth and Ujjivan Financial hit their fresh 52-week lows.

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