Stock market update: Nifty Bank index advances 0.16% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:21AM(IST)on Wednesday in an upbeat market.

AU Small Finance Bank(up 1.61 per cent), HDFC Bank(up 0.81 per cent), ICICI Bank(up 0.33 per cent) and Kotak Mahindra Bank(up 0.07 per cent) were among the top gainers.

IndusInd Bank(down 1.21 per cent), Punjab National Bank(down 0.53 per cent), Axis Bank(down 0.49 per cent), State Bank of India(down 0.49 per cent) and Bandhan Bank(down 0.4 per cent) were the top losers on the index.

The Nifty Bank index was up 0.16 per cent at 41432.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 31.7 points at 17754.0, while the BSE Sensex was up 47.37 points at 60205.09.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

Shares of Reliance Power, YES Bank, Vodafone Idea, BHEL and Trident Ltd were among the most traded shares on the NSE.

Shares of Technocraft Ind, Aarti Surfactants(PP), Srivasavi Adhesive Tapes Ltd., Vardhman Poly and Venus Pipes & Tubes Ltd. hit their fresh 52-week highs in today's trade, while Nirman Agri Genetics, Seya Industries, Goldstar Power, Latteys Industries and India Glycols hit fresh 52-week lows in trade.