Stock market update: Nifty Bank index falls 0.12% in an upbeat market

NEW DELHI: The Nifty Bank index traded negative around 10:50AM(IST)on Wednesday in an upbeat market.

ICICI Bank(up 2.3 per cent), State Bank of India(up 1.79 per cent), Punjab National Bank(up 1.42 per cent) and AU Small Finance Bank(up 0.42 per cent) were among the top gainers.

Axis Bank(down 4.69 per cent), Federal Bank(down 2.94 per cent), IndusInd Bank(down 1.85 per cent), Bandhan Bank(down 1.29 per cent) and RBLBANK(down 0.52 per cent) were the top losers on the index.

The Nifty Bank index was down 0.12 per cent at 41188.95 at the time of writing this report.

Benchmark NSE Nifty50 index was up 31.35 points at 18299.75, while the BSE Sensex was up 84.14 points at 61434.4.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 16 were in the red.

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

Shares of Mangalam Global Ent, Transport Corp, Goldiam Intnl, Triveni Turbine and Aptech hit their fresh 52-week highs in today’s trade, while D K Enterprises Global Ltd., Dynamic Services & Security Ltd., SREI Infra Fin, Asian Hotels(W)and Aditya Birla Sun Life AMC Ltd. hit fresh 52-week lows in trade.

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