Stock market update: Nifty Bank index advances 0.34% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:09AM(IST)on Friday in an upbeat market.

Bandhan Bank(up 1.74 per cent), Kotak Mahindra Bank(up 1.24 per cent), Federal Bank(up 0.75 per cent), Bank of Baroda(up 0.59 per cent) and IDFCBANK(up 0.54 per cent) were among the top gainers.

IndusInd Bank(down 0.77 per cent) were the top losers on the index.


The Nifty Bank index was up 0.34 per cent at 39266.35 at the time of writing this report.

Benchmark NSE Nifty50 index was up 84.95 points at 17070.55, while the BSE Sensex was up 249.5 points at 57884.34.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

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

Shares of Tapi Fruit Processing Ltd., Soma Textiles, Binani Ind, NCC and SBC Exports hit their fresh 52-week highs in today's trade, while Mega Flex Plastics Ltd., Goenka Diamond, Techindia Nirman, Brooks Labs and Suumaya Lifestyle hit fresh 52-week lows in trade.