Stock market update: Nifty Bank index advances 0.37% in an upbeat market

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NEW DELHI: The Nifty Bank index traded positive around 10:19AM(IST)on Wednesday in an upbeat market.

AU Small Finance Bank(up 1.3 per cent), IndusInd Bank(up 1.28 per cent), Bank of Baroda(up 1.2 per cent), State Bank of India(up 1.05 per cent) and Federal Bank(up 0.95 per cent) were among the top gainers.

Kotak Mahindra Bank(down 0.91 per cent) were the top losers on the index.

The Nifty Bank index was up 0.37 per cent at 36544.15 at the time of writing this report.

Benchmark NSE Nifty50 index was up 54.55 points at 16538.4, while the BSE Sensex was up 202.94 points at 55471.43.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

Shares of Zomato Ltd., YES Bank,

, Tata Power and

were among the most traded shares on the NSE.

Shares of

,

,

.,

and Integra Garment hit their fresh 52-week highs in today’s trade, while

, Karda Const,

,

and

hit fresh 52-week lows in trade.