Stock market update: Nifty Bank index advances 1.03%

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

Shares of State Bank of India(up 2.72 per cent), Bandhan Bank(up 2.42 per cent), IndusInd Bank(up 1.89 per cent), Axis Bank(up 1.77 per cent) and Federal Bank(up 1.66 per cent) ended the day as top gainers in the pack.

On the other hand, Kotak Mahindra Bank(down 0.43 per cent) and AU Small Finance Bank(down 0.09 per cent) finished as the top losers of the day.

The Nifty Bank index closed 1.03 per cent up at 36783.75.

Benchmark NSE Nifty50 index ended up 157.95 points at 16641.8, while the BSE Sensex stood up 547.83 points at 55816.32.

Among the 50 stocks in the Nifty index, 41 ended in the green, while 9 closed in the red.

Shares of Zomato Ltd., YES Bank, , and Tata Power were among the most traded shares on the NSE.

Shares of

, , , and Coromandel Int. hit their fresh 52-week highs in today’s trade, while , , , KCK Industries Ltd. and hit their fresh 52-week lows.

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