Stock market update: Nifty Bank index advances 1.83%

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NEW DELHI: The Nifty Bank index closed on a positive note on Thursday.

Shares of HDFC Bank(up 2.93 per cent), Punjab National Bank(up 2.65 per cent), ICICI Bank(up 2.44 per cent), IndusInd Bank(up 2.15 per cent) and State Bank of India(up 1.85 per cent) ended the day as top gainers in the pack.

On the other hand, Bandhan Bank(down 1.45 per cent), AU Small Finance Bank(down 1.25 per cent), RBLBANK(down 0.88 per cent) and Federal Bank(down 0.53 per cent) finished as the top losers of the day.

The Nifty Bank index closed 1.83 per cent up at 39340.9.

Benchmark NSE Nifty50 index ended up 176.8 points at 18338.55, while the BSE Sensex stood up 568.9 points at 61305.95.

Among the 50 stocks in the Nifty index, 35 ended in the green, while 15 closed in the red.

Shares of PNB, Tata Power, Trident Ltd, Vodafone Idea and Tata Motors were among the most traded shares on the NSE.

Shares of Univastu India, Borosil L, KDDL Ltd, Manaksia Coated and Marshall Machines hit their fresh 52-week highs in today’s trade, while Destiny Logistics & Infra Ltd., Pasupati Acrylon, Inventure Grwth, Marine Electricals and Airo Lam hit their fresh 52-week lows.