Stock market update: Bank shares advance; RBL Bank climbs 3%

Stock market update: Bank shares advance; RBL Bank climbs 3%
ETMarkets.com
Synopsis

The Nifty Bank index was trading 0.49 per cent up at 22945.75.

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Out of the 12 stocks in the index, 6 were trading in the green while 6 were trading in the red.

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NEW DELHI: Bank stocks were trading on a positive note at 10:48AM (IST) on Tuesday.

Shares of RBL Bank (up 3.09 per cent), IndusInd Bank (up 1.6 per cent), State Bank of India (up 1.54 per cent), ICICI Bank (up 1.29 per cent) and Axis Bank (up 1.13 per cent) were among the top gainers.

While IDFC Bank (down 1.09 per cent), Bandhan Bank (down 0.83 per cent), HDFC Bank (down 0.41 per cent), Federal Bank (down 0.35 per cent) and Punjab National Bank (down 0.28 per cent) were the top losers in the index.

The Nifty Bank index was trading 0.49 per cent up at 22945.75 around 10:48AM.

Benchmark NSE Nifty50 index was down 14.35 points at 11452.1, while the BSE Sensex was down 32.78 points at 38766.3.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of YES Bank, Vodafone Idea, SBI, LIC Housing Fin and Tata Power were among the most traded shares on the NSE.

Shares of Max Financial Services, Timken India, IndiaMART InterMESH Ltd., Affle (India) Ltd. and Syngene International Ltd. hit their fresh 52 week high in today's trade, while hit fresh 52 week low in trade.
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