Stock market update: Nifty Bank index advances 0.81% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:26AM(IST)on Tuesday in an upbeat market.

AU Small Finance Bank(up 3.78 per cent), HDFC Bank(up 2.05 per cent), Kotak Mahindra Bank(up 1.67 per cent), State Bank of India(up 1.35 per cent) and Federal Bank(up 1.22 per cent) were among the top gainers.

Axis Bank(down 2.83 per cent) and Bandhan Bank(down 0.52 per cent) were the top losers on the index.

The Nifty Bank index was up 0.81 per cent at 41642.85 at the time of writing this report.

Benchmark NSE Nifty50 index was up 140.75 points at 18152.95, while the BSE Sensex was up 462.31 points at 61208.9.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of Suzlon Energy, YES Bank, Tata Steel, PNB and BHEL were among the most traded shares on the NSE.

Shares of Weizmann Ltd, SecUR Credentials, Godfrey Philips, Vikas Proppant & Gr and Pudumjee Paper Prod hit their fresh 52-week highs in today's trade, while Aakash Exploration, Akshar Spintex, Rel Capital, Future Retail and Williamson Magor hit fresh 52-week lows in trade.