Stock market update: Nifty Bank index advances 0.55% in an upbeat market

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

Axis Bank(up 1.85 per cent), State Bank of India(up 1.63 per cent), Kotak Mahindra Bank(up 0.95 per cent), Bandhan Bank(up 0.76 per cent) and ICICI Bank(up 0.56 per cent) were among the top gainers.

AU Small Finance Bank(down 1.02 per cent), Federal Bank(down 0.66 per cent), Punjab National Bank(down 0.5 per cent), Bank of Baroda(down 0.2 per cent) and IndusInd Bank(down 0.17 per cent) were the top losers on the index.

The Nifty Bank index was up 0.55 per cent at 33453.0 at the time of writing this report.

Benchmark NSE Nifty50 index was up 49.4 points at 15848.5, while the BSE Sensex was up 210.05 points at 53237.02.

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

Shares of Zomato Ltd., Vodafone Idea, Indian Oil Corp., ONGC and YES Bank were among the most traded shares on the NSE.

Shares of Ratnamani Metal, Orient Bell, Global Education, Kohinoor Foods and Axita Cotton hit their fresh 52-week highs in today's trade, while HEC Infra Projects, Rollatainers Ltd, Wockhardt, Lasa Supergenerics and Star Health hit fresh 52-week lows in trade.