ICICI Bank Ltd.(up 1.83 per cent), Punjab National Bank(up 1.8 per cent), Federal Bank Ltd.(up 1.64 per cent), Bank of Baroda(up 1.47 per cent) and Canara Bank(up 1.32 per cent) were among the top gainers.
IDFC First Bank Ltd.(down 1.12 per cent) and Au Small Finance Bank Ltd.(down 0.58 per cent) were the top losers on the index.
The Nifty Bank index was up 1.04 per cent at 55231.15 at the time of writing this report.
Benchmark NSE Nifty50 index was up 220.25 points at 24259.6, while the BSE Sensex was up 779.3 points at 79991.83.
Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
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Shares of Vodafone Idea, IDFC First Bank, RBL Bank, YES Bank and Suzlon Energy were among the most traded shares on the NSE.
Shares of Country Condos, Paradeep Phosphates, Manorama Ind, Reliance Naval & Engg and Synergy Green Ind hit their fresh 52-week highs in today's trade, while Ramkrishna Forg, Omkar Speciality, CMI Ltd, GI Engineering and Eros Media hit fresh 52-week lows in trade.