Shares of IDFC Bank (up 4.03 per cent) , Axis Bank (up 2.98 per cent) , ICICI Bank (up 2.84 per cent) , IndusInd Bank (up 2.68 per cent) and RBL Bank (up 2.51 per cent) were among the top gainers.
The Nifty Bank index was trading 2.23 per cent up at 36913.4 around 12:56PM.
Benchmark NSE Nifty50 index was up 145.75 points at 15309.05, while the BSE Sensex was up 562.86 points at 52107.16.
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
Shares of Vodafone Idea, Motherson Sumi, PNB, IDFC First Bank and YES Bank were among the most traded shares on the NSE.
Shares of Chola Inv Fin, MahindraCIE, Adani Gas, Adani Trans and Motherson Sumi hit their fresh 52-week high in today’s trade, while Sanwaria Consumer Ltd. and We Win Ltd. hit fresh 52-week low in trade.
