Stock market update: Nifty Bank index advances 0.3% in a weak market

NEW DELHI: The Nifty Bank index traded positive around 10:29AM(IST)on Tuesday in a weak market.

AU Small Finance Bank(up 2.84 per cent), Axis Bank(up 1.47 per cent), HDFC Bank(up 0.71 per cent), Kotak Mahindra Bank(up 0.05 per cent) and ICICI Bank(up 0.05 per cent) were among the top gainers.

RBLBANK(down 2.19 per cent), Punjab National Bank(down 0.88 per cent), Federal Bank(down 0.8 per cent), IndusInd Bank(down 0.74 per cent) and State Bank of India(down 0.54 per cent) were the top losers on the index.

The Nifty Bank index was up 0.3 per cent at 38330.75 at the time of writing this report.

Benchmark NSE Nifty50 index was down 78.9 points at 18229.2, while the BSE Sensex was down 216.66 points at 61092.25.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

Shares of Suzlon Energy, Vodafone Idea, JP Power, Reliance Power and Alok Industries were among the most traded shares on the NSE.

Shares of Khandwala Sec, D K Enterprises Global Ltd., Khaitan Chem, Precision Wires and Moksh Ornaments Ltd. hit their fresh 52-week highs in today's trade, while IGL and Spandana Sphoorty hit fresh 52-week lows in trade.