Stock market update: Nifty Bank index advances 1.1%

The Nifty Bank index closed 1.1 per cent up at 44479.05.

ETMarkets.com

Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.

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

Shares of Federal Bank(up 4.15 per cent), Axis Bank(up 2.32 per cent), Bandhan Bank(up 2.22 per cent), Bank of Baroda(up 1.63 per cent) and ICICI Bank(up 1.56 per cent) ended the day as top gainers in the pack.

On the other hand, IndusInd Bank(down 0.01 per cent) finished as the top losers of the day.


The Nifty Bank index closed 1.1 per cent up at 44479.05.

Benchmark NSE Nifty50 index ended up 47.55 points at 19444.0, while the BSE Sensex stood up 213.27 points at 65433.3.

Among the 50 stocks in the Nifty index, 30 ended in the green, while 19 closed in the red.
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Shares of Suzlon Energy, YES Bank, Alok Industries, Reliance Power and Bank of Maharashtra were among the most traded shares on the NSE.

Shares of VELS Film Internatio, Atul Auto, Sakar Healthcare, NGL Fine Chem and Centum Elec hit their fresh 52-week highs in today's trade, while Jio Financial Servic, Penta Gold, Rachana Infrastructu, Hotel Rugby and Drone Destination hit their fresh 52-week lows.
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