Stock market update: Nifty Bank index advances 0.03% in a weak market

NEW DELHI: The Nifty Bank index traded positive around 11:21AM(IST)on Thursday in a weak market.

Punjab National Bank(up 2.78 per cent), Kotak Mahindra Bank(up 2.51 per cent), Federal Bank(up 2.39 per cent), AU Small Finance Bank(up 0.89 per cent) and IDFCBANK(up 0.21 per cent) were among the top gainers.

IndusInd Bank(down 1.72 per cent), Axis Bank(down 0.96 per cent), HDFC Bank(down 0.59 per cent) and State Bank of India(down 0.01 per cent) were the top losers on the index.

The Nifty Bank index was up 0.03 per cent at 39530.65 at the time of writing this report.

Benchmark NSE Nifty50 index was down 132.15 points at 18134.45, while the BSE Sensex was down 468.31 points at 60791.65.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 38 were in the red.

Shares of Bank of Baroda, Vodafone Idea, PNB, Tata Power and BHEL were among the most traded shares on the NSE.

Shares of Arihant Found, IRB Infra Dev., Shoppers Stop, Ugro Capital and Paras Defence and Space Technologies Ltd. hit their fresh 52-week highs in today’s trade, while Crown Lifters, Bhagiradha Chem, SREI Infra Fin, Quadpro ITeS Ltd. and Suvidhaa Infoserve Ltd. hit fresh 52-week lows in trade.

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