Stock market update: Nifty Bank index advances 0.5%

NEW DELHI: The Nifty Bank index closed on a positive note on Wednesday.

Shares of ICICI Bank Ltd.(up 1.68 per cent), Au Small Finance Bank Ltd.(up 1.51 per cent), Axis Bank Ltd.(up 1.1 per cent), Bandhan Bank Ltd.(up 1.05 per cent) and Kotak Mahindra Bank Ltd.(up 0.92 per cent) ended the day as top gainers in the pack.

On the other hand, HDFC Bank Ltd.(down 0.58 per cent) and IDFC First Bank Ltd.(down 0.21 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.5 per cent up at 52870.5.

Benchmark NSE Nifty50 index ended up 147.5 points at 23868.8, while the BSE Sensex stood up 620.73 points at 78674.25.

Among the 50 stocks in the Nifty index, 25 ended in the green, while 25 closed in the red.

Shares of Vodafone Idea, Vedanta, YES Bank, Indian Renewable and India Cements were among the most traded shares on the NSE.

Shares of Fiberweb India, Somi Conveyor, Amines Plastic, Precot Meridian and AGC Networks hit their fresh 52-week highs in today's trade, while Future Supply Chain, Sarthak Metals, GIR Natureview, Lakshmi Precis and BDR Buildcon hit their fresh 52-week lows.