Stock market update: Nifty Bank index advances 0.43%

The Nifty Bank index closed 0.43 per cent up at 52620.7.

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
NEW DELHI: The Nifty Bank index closed on a positive note on Thursday.

Shares of State Bank of India(up 1.46 per cent), Kotak Mahindra Bank Ltd.(up 1.19 per cent), ICICI Bank Ltd.(up 0.84 per cent), IndusInd Bank Ltd.(up 0.77 per cent) and Federal Bank Ltd.(up 0.64 per cent) ended the day as top gainers in the pack.

On the other hand, Bandhan Bank Ltd.(down 1.26 per cent), Bank of Baroda(down 1.07 per cent), Punjab National Bank(down 0.86 per cent), HDFC Bank Ltd.(down 0.31 per cent) and IDFC First Bank Ltd.(down 0.27 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.43 per cent up at 52620.7.

Benchmark NSE Nifty50 index ended up 187.85 points at 24800.85, while the BSE Sensex stood up 626.91 points at 81343.46.

Among the 50 stocks in the Nifty index, 35 ended in the green, while 15 closed in the red.
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Shares of Vodafone Idea, Tata Teleservices, YES Bank, IRFC and Indian Renewable were among the most traded shares on the NSE.

Shares of MTNL, Krebs Biochem, Just Dial, Umang Dairies and Manomay Tex India hit their fresh 52-week highs in today's trade, while Sah Polymers, IRIS Clothings, Akme Fintrade(India, Landmark Cars and Praxis Home Retail hit their fresh 52-week lows.
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