Stock market update: Nifty Bank index advances 0.51% in an upbeat market

Stock market update: Nifty Bank index advances 0.51% in an upbeat market
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The Nifty Bank index was trading 0.51 per cent up at 37684.2.

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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 traded positive around 10:45AM(IST)on Monday in an upbeat market.

IDFCBANK(up 12.25 per cent), Punjab National Bank(up 1.59 per cent), AU Small Finance Bank(up 1.34 per cent), Bandhan Bank(up 0.72 per cent) and State Bank of India(up 0.65 per cent) were among the top gainers.

IndusInd Bank(down 0.7 per cent) and Bank of Baroda(down 0.39 per cent) were the top losers on the index.

The Nifty Bank index was up 0.51 per cent at 37684.2 at the time of writing this report.

Benchmark NSE Nifty50 index was up 127.6 points at 17285.85, while the BSE Sensex was up 394.26 points at 57964.51.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 13 were in the red.

Shares of YES Bank, , Tata Steel, Zomato Ltd. and were among the most traded shares on the NSE.

Shares of , , Metro Brands Ltd., and hit their fresh 52-week highs in today's trade, while Ltd., Bombay Rayon, , and SKP Bearing Industries Ltd. hit fresh 52-week lows in trade.
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