Stock market update: Nifty Bank index advances 0.07% in an upbeat market

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NEW DELHI: The Nifty Bank index traded positive around 11:25AM(IST)on Wednesday in an upbeat market.

IDFCBANK(up 1.32 per cent), Federal Bank(up 1.02 per cent), Bank of Baroda(up 0.79 per cent), IndusInd Bank(up 0.73 per cent) and State Bank of India(up 0.73 per cent) were among the top gainers.

HDFC Bank(down 1.04 per cent) and Bandhan Bank(down 0.54 per cent) were the top losers on the index.

The Nifty Bank index was up 0.07 per cent at 37773.0 at the time of writing this report.

Benchmark NSE Nifty50 index was up 19.55 points at 17549.85, while the BSE Sensex was up 27.68 points at 58604.05.

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

Shares of Vodafone Idea, YES Bank, Redington, Magma Fincorp and Suzlon Energy were among the most traded shares on the NSE.

Shares of Hariom Pipe Industries Ltd., Dynacons Sys, Nahar Industrial, Anand Rathi Wealth Ltd. and Krishana Phoschem hit their fresh 52-week highs in today’s trade, while Innovative Tyres & T hit fresh 52-week lows in trade.