Stock market update: Nifty Bank index advances 0.44% in an upbeat market

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NEW DELHI: The Nifty Bank index traded positive around 10:45AM(IST)on Monday in an upbeat market.

Punjab National Bank(up 1.67 per cent), Axis Bank(up 1.32 per cent), IDFCBANK(up 1.29 per cent), Bank of Baroda(up 0.98 per cent) and ICICI Bank(up 0.48 per cent) were among the top gainers.

Bandhan Bank(down 0.56 per cent) were the top losers on the index.

The Nifty Bank index was up 0.44 per cent at 40594.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 111.05 points at 17944.4, while the BSE Sensex was up 367.7 points at 60160.84.

Among the 50 stocks in the Nifty index, 45 were trading in the green, while 5 were in the red.

Shares of

,

,

, JP Power and Zomato Ltd. were among the most traded shares on the NSE.

Shares of

,

, Asian Hotels(E),

and

hit their fresh 52-week highs in today’s trade, while Ameya Precision Engineers Ltd., JFL Life Sciences Ltd., Bombay Rayon,

and

hit fresh 52-week lows in trade.