Stock market update: Nifty Bank index advances 4.07%
Shares of Bank of Baroda(up 12.1 per cent), State Bank of India(up 9.07 per cent), Punjab National Bank(up 5.84 per cent), Axis Bank Ltd.(up 5.32 per cent) and IndusInd Bank Ltd.(up 4.65 per cent) ended the day as top gainers in the pack.
On the other hand, Au Small Finance Bank Ltd.(down 1.31 per cent) finished as the top losers of the day.
The Nifty Bank index closed 4.07 per cent up at 50979.95.
Benchmark NSE Nifty50 index ended up 733.21 points at 23263.9, while the BSE Sensex stood up 2507.47 points at 76468.78.
Among the 50 stocks in the Nifty index, 42 ended in the green, while 8 closed in the red.
Shares of Vodafone Idea, YES Bank, IRB Infra Dev., NHPC and Indian Railway Fin were among the most traded shares on the NSE.
Shares of PTC Industries, Adani Power, GAIL, Power Finance Corp. and REC hit their fresh 52-week highs in today's trade, while Filatex Fashions, Vaxtex Cotfab, Sintex Plastics Tech, Compuage Infocom and Revathi Equipment hit their fresh 52-week lows.
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