Stock market update: Nifty Bank index advances 0.99% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:35AM (IST) on Wednesday in an upbeat market.

Axis Bank (up 2.7 per cent), IndusInd Bank (up 2.08 per cent), Federal Bank (up 1.85 per cent), RBLBANK (up 1.81 per cent) and ICICI Bank (up 1.38 per cent) were among the top gainers.

Kotak Mahindra Bank (down 0.16 per cent) and Bandhan Bank (down 0.11 per cent) were the top losers on the index.

The Nifty Bank index was up 0.99 per cent at 36785.5 at the time of writing this report.

Benchmark NSE Nifty50 index was up 18.75 points at 17150.95, while the BSE Sensex was up 114.48 points at 57666.87.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Vodafone Idea, YES Bank, BHEL, NALCO and PNB were among the most traded shares on the NSE.

Shares of Zen Tech, Consolidated Fin, Meghmani Finechem Ltd., Adani Transmission and Stampede Cap (DVR) hit their fresh 52-week highs in today’s trade, while Rex Pipes and Cables Industries Ltd., Network People Services Technologies Ltd. and Inventure Grwth hit fresh 52-week lows in trade.

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