Stock market update: Nifty Bank index advances 0.18% in an upbeat market

The Nifty Bank index was trading 0.18 per cent up at 34537.9.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty Bank index traded positive around 11:15AM(IST)on Friday in an upbeat market.

State Bank of India(up 0.53 per cent), Punjab National Bank(up 0.42 per cent), Kotak Mahindra Bank(up 0.34 per cent), AU Small Finance Bank(up 0.34 per cent) and Axis Bank(up 0.29 per cent) were among the top gainers.

Bandhan Bank(down 1.26 per cent), IDFCBANK(down 0.59 per cent), RBLBANK(down 0.08 per cent) and IndusInd Bank(down 0.06 per cent) were the top losers on the index.


The Nifty Bank index was up 0.18 per cent at 34537.9 at the time of writing this report.

Benchmark NSE Nifty50 index was up 11.65 points at 16606.55, while the BSE Sensex was up 45.17 points at 55509.56.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.
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Shares of Vodafone Idea, Reliance Power, SAIL, YES Bank and Tata Motors were among the most traded shares on the NSE.

Shares of ICE Make Refr, Vaidya Sane Ayurved Laboratories Ltd., BSE, Nahar Poly Film and Kernex Microsys hit their fresh 52-week highs in today's trade, while Vivo Collaboration Solutions Ltd., Akash Infra-Proj, Easun Reyrolle, Usha Martin and Megastar Foods hit fresh 52-week lows in trade.
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