Stock market update: Nifty Bank index advances 0.36%

Stock market update: Nifty Bank index advances 0.36%
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The Nifty Bank index closed 0.36 per cent up at 35937.05.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: The Nifty Bank index closed on a positive note on Thursday.

Shares of AU Small Finance Bank (up 2.74 per cent), ICICI Bank (up 1.12 per cent), Punjab National Bank (up 1.07 per cent), Federal Bank (up 0.47 per cent) and HDFC Bank (up 0.43 per cent) ended the day as top gainers in the pack.

On the other hand, IDFCBANK (down 2.13 per cent), RBLBANK (down 0.82 per cent), IndusInd Bank (down 0.56 per cent), Axis Bank (down 0.45 per cent) and State Bank of India (down 0.21 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.36 per cent up at 35937.05.

Benchmark NSE Nifty50 index ended up 82.15 points at 16364.4, while the BSE Sensex stood up 318.05 points at 54843.98.

Among the 50 stocks in the Nifty index, 31 ended in the green, while 19 closed in the red.

Shares of Vodafone Idea, YES Bank, Zomato Ltd., SAIL and Power Grid were among the most traded shares on the NSE.

Shares of VIP Ind., Indoco Remedies, Maharashtra Scooter, Vinyl Chemicals and Gufic BioSci hit their fresh 52-week highs in today's trade, while Future Market, Shubhlaxmi Jewel Art, Viceroy Hotels, Radha Madhav and YES Bank hit their fresh 52-week lows.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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