Stock market update: Nifty Bank index advances 0.55%

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

Shares of IndusInd Bank(up 4.79 per cent), Federal Bank(up 1.3 per cent), AU Small Finance Bank(up 1.05 per cent), IDFCBANK(up 0.87 per cent) and State Bank of India(up 0.55 per cent) ended the day as top gainers in the pack.

On the other hand, Bandhan Bank(down 0.93 per cent) and Kotak Mahindra Bank(down 0.62 per cent) finished as the top losers of the day.


The Nifty Bank index closed 0.55 per cent up at 41577.1.

Benchmark NSE Nifty50 index ended up 42.95 points at 17754.4, while the BSE Sensex stood up 123.63 points at 60348.09.

Among the 50 stocks in the Nifty index, 31 ended in the green, while 18 closed in the red.

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

Shares of Kirloskar Oil, Imagicaaworld Entert, Vardhman Special, Titagarh Wagons and TD Power Sys hit their fresh 52-week highs in today's trade, while Parsvnath Dev., Vineet Laboratories Ltd., Future Retail, Suumaya Lifestyle and Future Supply Chain hit their fresh 52-week lows.