Stock market update: Nifty Bank index advances 1.2%
Shares of HDFC Bank Ltd.(up 2.63 per cent), Axis Bank Ltd.(up 2.42 per cent), Kotak Mahindra Bank Ltd.(up 1.8 per cent), IndusInd Bank Ltd.(up 1.39 per cent) and Bank of Baroda(up 0.95 per cent) ended the day as top gainers in the pack.
On the other hand, Federal Bank Ltd.(down 5.25 per cent), Bandhan Bank Ltd.(down 0.52 per cent), IDFC First Bank Ltd.(down 0.49 per cent) and Au Small Finance Bank Ltd.(down 0.05 per cent) finished as the top losers of the day.
The Nifty Bank index closed 1.2 per cent up at 47094.2.
Benchmark NSE Nifty50 index ended up 74.71 points at 22196.95, while the BSE Sensex stood up 349.24 points at 73057.4.
Among the 50 stocks in the Nifty index, 26 ended in the green, while 24 closed in the red.
Shares of YES Bank, Vodafone Idea, NHPC, HFCL and Zomato were among the most traded shares on the NSE.
Shares of Airo Lam, GRP Ltd, Zaggle Prepaid Ocean, Taj GVK Hotels and Mangalam Drugs hit their fresh 52-week highs in today's trade, while Marshall Machines, Capital Small Financ, Future Supply Chain, Madhya Bharat Agro and Matrimony.com hit their fresh 52-week lows.
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