Want to take exposure to a sector which grows much faster than GDP
Punjab National Bank(up 3.19 per cent), IndusInd Bank Ltd.(up 2.91 per cent), Au Small Finance Bank Ltd.(up 2.74 per cent), State Bank of India(up 2.43 per cent) and Bank of Baroda(up 2.12 per cent) were among the top gainers.
Axis Bank Ltd.(down 2.41 per cent) and IDFC First Bank Ltd.(down 0.07 per cent) were the top losers on the index.
The Nifty Bank index was up 0.93 per cent at 45433.85 at the time of writing this report.
Benchmark NSE Nifty50 index was up 138.96 points at 21377.75, while the BSE Sensex was up 433.44 points at 70803.99.
Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.
Shares of Indian Railway Fin, Vodafone Idea, YES Bank, IFCI and South Indian Bnk were among the most traded shares on the NSE.
Shares of IFCI, Trans & Rectif, Manaksia Aluminium, Mahindra EPC and MTNL hit their fresh 52-week highs in today's trade, while Shyam Telecom, Infomedia Press, Shree Vasu Logistics, Stampede Cap(DVR)and Sheetal Cool hit fresh 52-week lows in trade.