Stock market update: Nifty Bank index advances 0.85%

Stock market update: Nifty Bank index advances 0.85%
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The Nifty Bank index closed 0.85 per cent up at 35710.5.

Agencies
India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.
NEW DELHI: The Nifty Bank index closed on a positive note on Monday.

Shares of Axis Bank(up 2.05 per cent), ICICI Bank(up 1.59 per cent), State Bank of India(up 1.39 per cent), Federal Bank(up 1.18 per cent) and IndusInd Bank(up 0.96 per cent) ended the day as top gainers in the pack.

On the other hand, IDFCBANK(down 3.39 per cent), RBLBANK(down 2.06 per cent) and Bandhan Bank(down 0.97 per cent) finished as the top losers of the day.

The Nifty Bank index closed 0.85 per cent up at 35710.5.

Benchmark NSE Nifty50 index ended up 69.0 points at 17222.0, while the BSE Sensex stood up 231.29 points at 57593.49.

Among the 50 stocks in the Nifty index, 32 ended in the green, while 17 closed in the red.

Shares of Vodafone Idea, Adani Power, YES Bank, IDFC First Bank and PNB were among the most traded shares on the NSE.

Shares of Motherson Sumi Wiring India Ltd., Asian Hotels(E), Seamec Ltd, Supreme Petro and EIH Associated hit their fresh 52-week highs in today's trade, while Vaxtex Cotfab, Future Enterprises, Subex, Libas Designs and Sadbhav Eng hit their fresh 52-week lows.

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