Stock market update: Nifty Bank index advances 0.56% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:10AM(IST)on Tuesday in an upbeat market.

Bandhan Bank(up 3.41 per cent), ICICI Bank(up 1.25 per cent), HDFC Bank(up 0.68 per cent), Axis Bank(up 0.67 per cent) and Kotak Mahindra Bank(up 0.36 per cent) were among the top gainers.

IndusInd Bank(down 0.83 per cent), IDFCBANK(down 0.77 per cent), Punjab National Bank(down 0.66 per cent), AU Small Finance Bank(down 0.65 per cent) and Federal Bank(down 0.56 per cent) were the top losers on the index.

The Nifty Bank index was up 0.56 per cent at 43259.8 at the time of writing this report.

Benchmark NSE Nifty50 index was up 89.75 points at 18652.5, while the BSE Sensex was up 300.58 points at 62805.38.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

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

Shares of Mohini Health & Hygi, , , and Aditya Birla Cap. hit their fresh 52-week highs in today's trade, while , Ishan International Ltd., , and Vital Chemtech Ltd. hit fresh 52-week lows in trade.