Stock market update: Nifty Bank index advances 1.47% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:24AM(IST)on Wednesday in an upbeat market.

AU Small Finance Bank(up 7.37 per cent), ICICI Bank(up 1.64 per cent), Kotak Mahindra Bank(up 1.53 per cent), Axis Bank(up 1.46 per cent) and HDFC Bank(up 1.35 per cent) were among the top gainers.

IndusInd Bank(down 0.3 per cent) were the top losers on the index.


The Nifty Bank index was up 1.47 per cent at 37381.25 at the time of writing this report.

Benchmark NSE Nifty50 index was up 23.75 points at 17829.0, while the BSE Sensex was up 80.52 points at 59936.45.

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

Shares of Vodafone Idea, YES Bank, JP Power, Suzlon Energy and GMR Infra were among the most traded shares on the NSE.

Shares of Lagnam Spintex, Intnl Conveyors, Delta Manufacturing, MIC Electronics and Talbros Auto hit their fresh 52-week highs in today's trade, while HEC Infra Projects, Star Health and McDowell Hold hit fresh 52-week lows in trade.