HDFC Bank, SBI contribute most in BSE Bankex's over 230 points surge on Wednesday
The BSE Bankex showed positive momentum, gaining 0.47% and reaching 50,122.15. HDFC Bank played a significant role in driving the index higher, followed by State Bank of India, IndusInd Bank, Axis Bank, and ICICI Bank. These top-performing stocks showcased the resilience of the banking sector. However, Kotak Mahindra Bank, Bank of Baroda, Federal Bank, and AU Small Finance Bank experienced declines, affecting the overall performance of the index. Investors should monitor these stocks for long-term investment potential.