Stock market update: Nifty Bank index falls 0.21% in an upbeat market

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

Bandhan Bank(up 0.89 per cent), AU Small Finance Bank(up 0.67 per cent), Kotak Mahindra Bank(up 0.34 per cent), ICICI Bank(up 0.33 per cent) and IndusInd Bank(up 0.3 per cent) were among the top gainers.

HDFC Bank(down 1.33 per cent), Bank of Baroda(down 0.51 per cent), IDFCBANK(down 0.43 per cent), State Bank of India(down 0.4 per cent) and Punjab National Bank(down 0.37 per cent) were the top losers on the index.

The Nifty Bank index was down 0.21 per cent at 42983.95 at the time of writing this report.

Benchmark NSE Nifty50 index was up 28.65 points at 18512.75, while the BSE Sensex was up 20.96 points at 62293.64.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of Indian Railway Finance Corporation Ltd., YES Bank, PNB, Suzlon Energy and Rail Vikas Nigam were among the most traded shares on the NSE.

Shares of NGL Fine Chem, Mohini Health & Hygi, Jeena Sikho Lifecare Ltd., Rail Vikas Nigam and Axita Cotton hit their fresh 52-week highs in today's trade, while Shekhawati Poly, Bombay Rayon, TCI Finance, FutureLifestyleFash and Jump Networks hit fresh 52-week lows in trade.