Stock market update: Nifty Bank index advances 0.14%

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

Shares of Axis Bank(up 1.65 per cent), Punjab National Bank(up 1.29 per cent), IDFCBANK(up 1.24 per cent), HDFC Bank(up 1.03 per cent) and Kotak Mahindra Bank(up 0.52 per cent) ended the day as top gainers in the pack.

On the other hand, Bank of Baroda(down 2.03 per cent), State Bank of India(down 1.61 per cent), Federal Bank(down 0.76 per cent), Bandhan Bank(down 0.76 per cent) and ICICI Bank(down 0.54 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.14 per cent up at 40373.2.

Benchmark NSE Nifty50 index ended up 25.3 points at 17512.25, while the BSE Sensex stood up 146.59 points at 59107.19.

Among the 50 stocks in the Nifty index, 17 ended in the green, while 33 closed in the red.

Shares of Suzlon Energy, PNB, BHEL, Zomato Ltd. and IDFC First Bank were among the most traded shares on the NSE.

Shares of Wonder Fibromats, Electronics Mart India Ltd., Aegis Logistics, Kuantum Papers and Venus Pipes & Tubes Ltd. hit their fresh 52-week highs in today's trade, while Aarti Inds, Penta Gold, Akshar Spintex, Alok Industries and Sintex Plastics Tech hit their fresh 52-week lows.