Stock market update: Nifty Bank index advances 0.31% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:30AM(IST)on Wednesday in an upbeat market.

State Bank of India(up 1.84 per cent), IndusInd Bank(up 1.68 per cent), RBLBANK(up 1.1 per cent), Federal Bank(up 0.82 per cent) and ICICI Bank(up 0.69 per cent) were among the top gainers.

Axis Bank(down 0.6 per cent), HDFC Bank(down 0.38 per cent) and Kotak Mahindra Bank(down 0.38 per cent) were the top losers on the index.

The Nifty Bank index was up 0.31 per cent at 38427.7 at the time of writing this report.

Benchmark NSE Nifty50 index was up 3.5 points at 18002.7, while the BSE Sensex was up 38.06 points at 60360.43.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of Trident Ltd, Vodafone Idea, Tata Power, Tata Motors and Zomato Ltd. were among the most traded shares on the NSE.

Shares of KDDL Ltd, Man Infracons, Salzer Electro, 63 Moons Tech and Apollo Hospital hit their fresh 52-week highs in today’s trade, while Network People Services Technologies Ltd., Nidan Laboratories And Healthcare Ltd., Ballarpur Inds., Vikas WSP and Supreme Infra hit fresh 52-week lows in trade.

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