Stock market update: Nifty Bank index advances 0.89% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:16AM(IST)on Monday in an upbeat market.

Punjab National Bank(up 5.05 per cent), RBLBANK(up 3.76 per cent), IDFCBANK(up 3.34 per cent), Federal Bank(up 3.33 per cent) and AU Small Finance Bank(up 2.82 per cent) were among the top gainers.

HDFC Bank(down 0.06 per cent) were the top losers on the index.

The Nifty Bank index was up 0.89 per cent at 39692.65 at the time of writing this report.

Benchmark NSE Nifty50 index was up 154.8 points at 18493.35, while the BSE Sensex was up 456.15 points at 61762.1.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

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

Shares of Bhagiradha Chem, MPS Infotecnics, Tata Power, INEOS Styrolution and NHPC hit their fresh 52-week highs in today’s trade, while Destiny Logistics & Infra Ltd., Jiya Eco Products Lt, Dynamic Services & Security Ltd., Pasupati Acrylon and Inventure Grwth hit fresh 52-week lows in trade.

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