Stock market update: Nifty Bank index advances 0.46% in an upbeat market

The Nifty Bank index was trading 0.46 per cent up at 50918.3.

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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 10:29AM(IST)on Thursday in an upbeat market.

Bandhan Bank Ltd.(up 2.11 per cent), IDFC First Bank Ltd.(up 1.68 per cent), Au Small Finance Bank Ltd.(up 1.36 per cent), Bank of Baroda(up 0.77 per cent) and Punjab National Bank(up 0.7 per cent) were among the top gainers.

Kotak Mahindra Bank Ltd.(down 0.14 per cent) and Federal Bank Ltd.(down 0.1 per cent) were the top losers on the index.


The Nifty Bank index was up 0.46 per cent at 50918.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 38.8 points at 24809.0, while the BSE Sensex was up 103.88 points at 81009.18.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 21 were in the red.
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Shares of Reliance Power, Vodafone Idea, RattanIndia Power, Zomato and Alok Industries were among the most traded shares on the NSE.

Shares of Gujarat Apollo, Awfis Space Solution, Transport Corp, Palash Securities and Rane Eng Valve hit their fresh 52-week highs in today's trade, while Saraswati Saree Depo, Mask Investments, ABM International, 3rd Rock MultiMedia and GIR Natureview hit fresh 52-week lows in trade.
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