Stock market update: Nifty Bank index advances 0.53% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:25AM (IST) on Tuesday in an upbeat market.

Kotak Mahindra Bank (up 1.85 per cent), AU Small Finance Bank (up 1.78 per cent), IndusInd Bank (up 0.68 per cent), HDFC Bank (up 0.62 per cent) and Axis Bank (up 0.57 per cent) were among the top gainers.

IDFCBANK (down 1.9 per cent), State Bank of India (down 0.72 per cent), RBLBANK (down 0.67 per cent), Punjab National Bank (down 0.52 per cent) and Bandhan Bank (down 0.2 per cent) were the top losers on the index.

The Nifty Bank index was up 0.53 per cent at 36220.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 47.25 points at 16305.5, while the BSE Sensex was up 204.91 points at 54607.76.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 26 were in the red.

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

Shares of Rex Pipes and Cables Industries Ltd., Pritika Auto Ind, Network People Services Technologies Ltd., Dynamatic Tech and Repro India hit their fresh 52-week highs in today’s trade, while Stylam Ind, Viceroy Hotels, Transwind Infrastruc, Inventure Grwth and Andrew Yule hit fresh 52-week lows in trade.

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