Stock market update: Nifty Bank index advances 0.71% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:14AM(IST)on Monday in an upbeat market.

IndusInd Bank Ltd.(up 2.99 per cent), ICICI Bank Ltd.(up 1.36 per cent), HDFC Bank Ltd.(up 0.7 per cent), Federal Bank Ltd.(up 0.46 per cent) and Kotak Mahindra Bank Ltd.(up 0.44 per cent) were among the top gainers.

Au Small Finance Bank Ltd.(down 0.56 per cent), State Bank of India(down 0.47 per cent), Canara Bank(down 0.4 per cent), Bank of Baroda(down 0.32 per cent) and Punjab National Bank(down 0.02 per cent) were the top losers on the index.


The Nifty Bank index was up 0.71 per cent at 48399.35 at the time of writing this report.

Benchmark NSE Nifty50 index was up 126.05 points at 22523.25, while the BSE Sensex was up 425.5 points at 74254.41.

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

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

Shares of Steel Cast, NACL Industries, Reliance Naval & Engg, India Shelter Finance Corp and Kamat Hotels hit their fresh 52-week highs in today's trade, while Inventurus Knowledge, Quality Power Electr, One Mobikwik Systems, Ola Electric Mobilit and Gangotri Text hit fresh 52-week lows in trade.