Stock market update: Nifty Bank index advances 0.46% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 10:29AM(IST)on Wednesday in an upbeat market.

Axis Bank(up 2.09 per cent), Bank of Baroda(up 1.93 per cent), Federal Bank(up 1.55 per cent), IDFCBANK(up 1.41 per cent) and Bandhan Bank(up 1.33 per cent) were among the top gainers.

AU Small Finance Bank(down 0.48 per cent) and ICICI Bank(down 0.22 per cent) were the top losers on the index.

The Nifty Bank index was up 0.46 per cent at 38890.15 at the time of writing this report.

Benchmark NSE Nifty50 index was up 50.9 points at 17034.45, while the BSE Sensex was up 201.57 points at 57348.89.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 10 were in the red.

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

Shares of , , , and Ltd. hit their fresh 52-week highs in today's trade, while , Kandarp Digi Smart BPO Ltd., Tips Films Ltd., QMS Medical . and Tembo Global Indust hit fresh 52-week lows in trade.