Stock market update: Nifty Bank index advances 0.1%

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

Shares of Bandhan Bank(up 2.56 per cent), Federal Bank(up 0.72 per cent), Kotak Mahindra Bank(up 0.57 per cent), IndusInd Bank(up 0.48 per cent) and AU Small Finance Bank(up 0.42 per cent) ended the day as top gainers in the pack.

On the other hand, Axis Bank(down 0.75 per cent), IDFCBANK(down 0.71 per cent), Punjab National Bank(down 0.32 per cent), State Bank of India(down 0.17 per cent) and HDFC Bank(down 0.13 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.1 per cent up at 35310.2.

Benchmark NSE Nifty50 index ended down 14.75 points at 16569.55, while the BSE Sensex stood down 93.91 points at 55675.32.

Among the 50 stocks in the Nifty index, 22 ended in the green, while 28 closed in the red.

Shares of Suzlon Energy, Vodafone Idea, JP Power, Shree Ren Sug and YES Bank were among the most traded shares on the NSE.

Shares of Oil India Ltd, Elecon Engg Co, Zenith Birla, Empyrean Cashews Ltd. and Hindustan Motor hit their fresh 52-week highs in today's trade, while Shekhawati Poly, Vertoz Advertising, Precision Metaliks Ltd., STC India and Xelpmoc Design hit their fresh 52-week lows.