Stock market update: Nifty Bank index advances 0.14%

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

Shares of Kotak Mahindra Bank(up 1.33 per cent), HDFC Bank(up 0.75 per cent), ICICI Bank(up 0.73 per cent) and Axis Bank(up 0.14 per cent) ended the day as top gainers in the pack.

On the other hand, IDFCBANK(down 3.14 per cent), AU Small Finance Bank(down 2.61 per cent), Bank of Baroda(down 1.98 per cent), State Bank of India(down 1.72 per cent) and Punjab National Bank(down 1.65 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.14 per cent up at 34339.5.

Benchmark NSE Nifty50 index ended down 99.35 points at 16025.8, while the BSE Sensex stood down 303.35 points at 53749.26.

Among the 50 stocks in the Nifty index, 19 ended in the green, while 31 closed in the red.

Shares of Zomato Ltd., Vodafone Idea, YES Bank, SAIL and JP Power were among the most traded shares on the NSE.

Shares of Reliance Chemo, Accuracy Shipping, Empyrean Cashews Ltd., Shanti Overseas(Ind and Kohinoor Foods hit their fresh 52-week highs in today's trade, while Birla Tyres, TV Today Network, Debock Sales & Mktg, Sadbhav Eng and RS Software hit their fresh 52-week lows.