Stock market update: Nifty Bank index advances 0.57%

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

Shares of Bank of Baroda(up 4.15 per cent), Punjab National Bank(up 2.68 per cent), Bandhan Bank(up 2.23 per cent), IDFCBANK(up 2.0 per cent) and AU Small Finance Bank(up 1.0 per cent) ended the day as top gainers in the pack.

On the other hand, Federal Bank(down 0.5 per cent) and Kotak Mahindra Bank(down 0.36 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.57 per cent up at 39461.7.

Benchmark NSE Nifty50 index ended up 119.0 points at 17944.25, while the BSE Sensex stood up 417.92 points at 60260.13.

Among the 50 stocks in the Nifty index, 34 ended in the green, while 16 closed in the red.

Shares of Zomato Ltd., YES Bank, Vodafone Idea, Tata Steel and Suzlon Energy were among the most traded shares on the NSE.

Shares of Nava Bharat Vent., S Chand & Co, Rossell India, Archidply Ind and NDTV hit their fresh 52-week highs in today's trade, while Bajaj Hindusthan Su, IRIS Business Servic, Jet Freight Logistic, GVK Power Infra and Vipul Ltd hit their fresh 52-week lows.