Stock market update: Nifty Bank index advances 0.16% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:34AM(IST)on Wednesday in an upbeat market.

HDFC Bank(up 2.31 per cent), Kotak Mahindra Bank(up 0.5 per cent) and Bandhan Bank(up 0.47 per cent) were among the top gainers.

Federal Bank(down 3.57 per cent), Punjab National Bank(down 1.8 per cent), IndusInd Bank(down 1.33 per cent), IDFCBANK(down 1.17 per cent) and Bank of Baroda(down 1.06 per cent) were the top losers on the index.


The Nifty Bank index was up 0.16 per cent at 40877.9 at the time of writing this report.

Benchmark NSE Nifty50 index was up 102.95 points at 17501.0, while the BSE Sensex was up 403.97 points at 59510.41.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of YES Bank, Suzlon Energy, Rail Vikas Nigam, Vodafone Idea and Zomato Ltd. were among the most traded shares on the NSE.

Shares of DRS Dilip Roadlines, Systango Technologie, Asian Hotels, Bodhi Tree Multimed and KEI Industries hit their fresh 52-week highs in today's trade, while Nirman Agri Genetics, SCI, Seya Industries, Latteys Industries and Lead Reclaim and Rubber Products Ltd. hit fresh 52-week lows in trade.