Stock market update: Nifty Bank index advances 0.44% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:14AM (IST) on Wednesday in an upbeat market.

HDFC Bank (up 1.6 per cent), AU Small Finance Bank (up 1.26 per cent), Axis Bank (up 0.5 per cent), State Bank of India (up 0.2 per cent) and Federal Bank (up 0.18 per cent) were among the top gainers.

ICICI Bank (down 0.5 per cent), IDFCBANK (down 0.34 per cent), Bandhan Bank (down 0.31 per cent) and Kotak Mahindra Bank (down 0.3 per cent) were the top losers on the index.

The Nifty Bank index was up 0.44 per cent at 36026.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 80.6 points at 16695.2, while the BSE Sensex was up 294.49 points at 56086.76.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 9 were in the red.

Shares of Vodafone Idea, Suzlon Energy, YES Bank, Vedanta and BHEL were among the most traded shares on the NSE.

Shares of Meghmani Finechem Ltd., VST Tiller Trac, Aster DM Health, MindTree and Jubilant Food hit their fresh 52-week highs in today’s trade, while Akash Infra-Proj, Radha Madhav, Windlas Biotech Ltd., Inventure Grwth and Suryoday Small Finance Bank Ltd. hit fresh 52-week lows in trade.

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