Stock market update: Nifty Bank index advances 0.96% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:15AM(IST)on Friday in an upbeat market.

IDFCBANK(up 2.32 per cent), ICICI Bank(up 2.06 per cent), Federal Bank(up 1.85 per cent), State Bank of India(up 1.78 per cent) and Bank of Baroda(up 1.31 per cent) were among the top gainers.

IndusInd Bank(down 0.5 per cent) and Bandhan Bank(down 0.32 per cent) were the top losers on the index.

The Nifty Bank index was up 0.96 per cent at 38119.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 85.35 points at 17467.35, while the BSE Sensex was up 319.37 points at 58618.17.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of Zomato Ltd., Suzlon Energy, YES Bank, Indian Oil Corp. and Crompton Greaves were among the most traded shares on the NSE.

Shares of Rama Phosphates, Kotyark Industries Ltd., Himadri Speciality, Fineotex Chem and Lemon Tree Hotels hit their fresh 52-week highs in today's trade, while Uniinfo Telecom Serv, Future Retail, Birla Tyres, IMP Powers Ltd and Melstar Info hit fresh 52-week lows in trade.