Stock market update: Nifty Bank index advances 0.26% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:20AM(IST)on Wednesday in an upbeat market.

HDFC Bank Ltd.(up 0.84 per cent), Bank of Baroda(up 0.77 per cent), Federal Bank Ltd.(up 0.72 per cent), Punjab National Bank(up 0.7 per cent) and Canara Bank(up 0.47 per cent) were among the top gainers.

Kotak Mahindra Bank Ltd.(down 0.97 per cent), Axis Bank Ltd.(down 0.17 per cent), IndusInd Bank Ltd.(down 0.04 per cent) and IDFC First Bank Ltd.(down 0.03 per cent) were the top losers on the index.


The Nifty Bank index was up 0.26 per cent at 56608.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 148.11 points at 25192.45, while the BSE Sensex was up 510.02 points at 82565.13.

Among the 50 stocks in the Nifty index, 45 were trading in the green, while 5 were in the red.

Shares of Vodafone Idea, RattanIndia Power, JP Power, Vishal Mega Mart and YES Bank were among the most traded shares on the NSE.

Shares of Sundaram Finance, Niraj Ispat Ind., Indosolar Ltd, Sumeet Ind and HEC Infra Projects hit their fresh 52-week highs in today's trade, while TECIL Chemicals, Sadhana Nitro, Osia Hyper Retail, Gensol Engg and Lasa Supergenerics hit fresh 52-week lows in trade.