Stock market update: Nifty Bank index advances 1.86% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:33AM(IST)on Tuesday in an upbeat market.

Axis Bank Ltd.(up 3.32 per cent), HDFC Bank Ltd.(up 3.08 per cent), IDFC First Bank Ltd.(up 2.86 per cent), Au Small Finance Bank Ltd.(up 2.6 per cent) and ICICI Bank Ltd.(up 2.59 per cent) were among the top gainers.

Federal Bank Ltd.(down 4.76 per cent), Canara Bank(down 0.81 per cent) and Kotak Mahindra Bank Ltd.(down 0.03 per cent) were the top losers on the index.


The Nifty Bank index was up 1.86 per cent at 48957.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 151.4 points at 22980.55, while the BSE Sensex was up 664.59 points at 76030.76.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

Shares of Vodafone Idea, YES Bank, Suzlon Energy, IDFC First Bank and Zomato were among the most traded shares on the NSE.

Shares of Reliance Naval & Engg, Blue Coast Hotel, United Polyfab Gujar and Navkar Builders hit their fresh 52-week highs in today's trade, while InfoBeans Tech, LE Travenues Techno, Emcure Pharmaceutica, Signet Ind and Compucom Software hit fresh 52-week lows in trade.