Stock market update: Nifty Bank index advances 0.92%

Stock market update: Nifty Bank index advances 0.92%
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The Nifty Bank index closed 0.92 per cent up at 36348.55.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty Bank index closed on a positive note on Tuesday.

Shares of Bandhan Bank(up 2.83 per cent), Kotak Mahindra Bank(up 1.73 per cent), IndusInd Bank(up 1.57 per cent), AU Small Finance Bank(up 1.55 per cent) and Federal Bank(up 1.54 per cent) ended the day as top gainers in the pack.

On the other hand, IDFCBANK(down 2.99 per cent) and Punjab National Bank(down 0.28 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.92 per cent up at 36348.55.

Benchmark NSE Nifty50 index ended up 197.9 points at 17315.5, while the BSE Sensex stood up 696.81 points at 57989.3.

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, IDFC First Bank, PNB and SAIL were among the most traded shares on the NSE.

Shares of Madras Fert, Ganesh Housing, Dangee Dums, Orbit Exports and NIIT hit their fresh 52-week highs in today's trade, while Gateway Distriparks Ltd., Future Retail, FutureLifestyleFash, Future Enterprises and Future Supply Chain hit their fresh 52-week lows.

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