Stock market update: Nifty Bank index advances 0.26% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:39AM(IST)on Friday in an upbeat market.

Federal Bank(up 0.87 per cent), HDFC Bank(up 0.52 per cent), State Bank of India(up 0.52 per cent), ICICI Bank(up 0.49 per cent) and Bank of Baroda(up 0.34 per cent) were among the top gainers.

AU Small Finance Bank(down 1.24 per cent), Bandhan Bank(down 0.52 per cent), Punjab National Bank(down 0.16 per cent) and Kotak Mahindra Bank(down 0.15 per cent) were the top losers on the index.

The Nifty Bank index was up 0.26 per cent at 35704.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 112.1 points at 16740.1, while the BSE Sensex was up 480.11 points at 56298.22.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Vodafone Idea, Suzlon Energy, Zomato Ltd., Ibull Housing Fin and YES Bank were among the most traded shares on the NSE.

Shares of Aether Industries Ltd., Ratnamani Metal, Automotive Axle, Meghmani Finechem Ltd. and Globesecure Technologies Ltd. hit their fresh 52-week highs in today's trade, while Medico Remedies, Debock Sales & Mktg, Future Retail, Shree Cements and Future Enterprises hit fresh 52-week lows in trade.