Stock market update: Nifty Bank index advances 0.76% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:01AM(IST)on Monday in an upbeat market.

IDFCBANK(up 4.08 per cent), Bandhan Bank(up 2.46 per cent), Punjab National Bank(up 1.68 per cent), ICICI Bank(up 1.52 per cent) and Axis Bank(up 0.86 per cent) were among the top gainers.

IndusInd Bank(down 0.17 per cent) were the top losers on the index.


The Nifty Bank index was up 0.76 per cent at 43313.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 76.8 points at 18182.1, while the BSE Sensex was up 261.24 points at 61101.98.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of YES Bank, Suzlon Energy, Tata Steel, IOB and PNB were among the most traded shares on the NSE.

Shares of Tainwala Chem, Kalyani Invst, Usha Martin, Avro India and Mold Tek Tech hit their fresh 52-week highs in today's trade, while Arham Technologies Ltd., Moxsh Overseas Educon Ltd., Parenteral Drug, Godha Cabcon & Insul and Rel Capital hit fresh 52-week lows in trade.