Stock market update: Nifty Bank index gains over 1%; SBI jumps 5%

NEW DELHI: Nifty Bank index was trading with gains at 11:53AM (IST) on Thursday.

Shares of State Bank of India (up 5.53 per cent), IndusInd Bank (up 2.26 per cent), Axis Bank (up 1.63 per cent), Bandhan Bank (up 1.57 per cent) and Federal Bank (up 1.33 per cent) were among the top gainers.

While RBL Bank (down 0.03 per cent) was the sole loser in the index.


The Nifty Bank index was trading 1.43 per cent up at 26139.65 around 11:53AM.

Benchmark NSE Nifty50 index was up 161.80 points at 12070.3, while the BSE Sensex was up 561.79 points at 41177.93.

Among the 50 stocks in the Nifty index, 48 were trading in the green, while 2 were in the red.

Shares of SBI, Vodafone Idea, HPCL, Tata Motors and NTPC were among the most traded shares on the NSE.

Shares of SRF, PI Industries, Berger Paints, ACC and APL Apollo Tube hit their fresh 52 week high in today's trade, while Mittal Life Style Ltd., SITI Networks Ltd., Sanginita Chemicals Ltd., Jump Networks Ltd., SKIL Infrastructure Ltd., SS Infrastructure Development Consultants Ltd. and We Win Ltd. hit fresh 52 week low in trade.