Stock market update: Nifty Bank index advances 0.42%

The Nifty Bank index closed 0.42 per cent up at 48056.65.

Getty Images
Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: The Nifty Bank index closed on a positive note on Wednesday.

Shares of IndusInd Bank Ltd.(up 4.39 per cent), Kotak Mahindra Bank Ltd.(up 2.45 per cent) and HDFC Bank Ltd.(up 1.53 per cent) ended the day as top gainers in the pack.

On the other hand, Au Small Finance Bank Ltd.(down 2.86 per cent), Punjab National Bank(down 1.45 per cent), Axis Bank Ltd.(down 1.41 per cent), IDFC First Bank Ltd.(down 1.32 per cent) and Canara Bank(down 0.99 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.42 per cent up at 48056.65.

Benchmark NSE Nifty50 index ended down 27.41 points at 22470.5, while the BSE Sensex stood down 72.56 points at 74029.76.

Among the 50 stocks in the Nifty index, 19 ended in the green, while 31 closed in the red.
ADVERTISEMENT

Shares of Vodafone Idea, IndusInd Bank, Zomato, JP Power and YES Bank were among the most traded shares on the NSE.

Shares of NACL Industries, ARSS Infra, Kamat Hotels, Camlin Fine Sc and Kotak Bank hit their fresh 52-week highs in today's trade, while Coastal Corp, Cinevista Ltd, Spencer's Retail, Rajnandini Metal and Nath Bio-Genes hit their fresh 52-week lows.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Stock Watch › Stock market update: Nifty Bank index advances 0.42%
Text Size:AAA
Success
This article has been saved

*

+