Stock market update: Nifty Bank index advances 0.5% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:14AM(IST)on Wednesday in an upbeat market.

Kotak Mahindra Bank(up 2.71 per cent), Bandhan Bank(up 2.44 per cent), IndusInd Bank(up 1.6 per cent), IDFCBANK(up 1.27 per cent) and Federal Bank(up 1.11 per cent) were among the top gainers.

Axis Bank(down 0.37 per cent) and ICICI Bank(down 0.34 per cent) were the top losers on the index.

The Nifty Bank index was up 0.5 per cent at 37557.5 at the time of writing this report.

Benchmark NSE Nifty50 index was up 49.5 points at 17141.7, while the BSE Sensex was up 155.37 points at 57456.05.

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

Shares of Vodafone Idea, Adani Power, YES Bank, Suzlon Energy and Dhani Ibull Ventures were among the most traded shares on the NSE.

Shares of Univastu India, Ganges Securities, Genesys Intnl, Penta Gold and Bombay Metrics Supply Chain Ltd. hit their fresh 52-week highs in today's trade, while Richa Info Systems Ltd., Shriram Pistons, Dev Information Tech, SS Infrastructure and Mrs. Bectors Food Specialities Ltd. hit fresh 52-week lows in trade.