Stock market update: Nifty Bank index advances 0.12% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:04AM(IST)on Wednesday in an upbeat market.

State Bank of India(up 0.66 per cent), AU Small Finance Bank(up 0.53 per cent), IndusInd Bank(up 0.41 per cent), Axis Bank(up 0.25 per cent) and HDFC Bank(up 0.16 per cent) were among the top gainers.

Punjab National Bank(down 2.59 per cent), Bandhan Bank(down 1.05 per cent), Bank of Baroda(down 0.98 per cent) and Kotak Mahindra Bank(down 0.01 per cent) were the top losers on the index.

The Nifty Bank index was up 0.12 per cent at 43999.5 at the time of writing this report.

Benchmark NSE Nifty50 index was up 47.55 points at 18655.55, while the BSE Sensex was up 171.75 points at 62705.05.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 12 were in the red.

Shares of YES Bank, UCO Bank, Bank of Maharashtra, IOB and PNB were among the most traded shares on the NSE.

Shares of Palash Securities, B&B Triplewall Conta, Sirca Paints, GIC Housing Fin and Dynamic Cables hit their fresh 52-week highs in today's trade, while Cerebra Integrat, Sintex Inds., Supreme Engineering, Future Consumer and JFL Life Sciences Ltd. hit fresh 52-week lows in trade.