Stock market update: Nifty Bank index falls 0.02% in an upbeat market

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NEW DELHI: The Nifty Bank index traded negative around 11:26AM(IST)on Tuesday in an upbeat market.

AU Small Finance Bank(up 3.58 per cent), Punjab National Bank(up 0.25 per cent), Federal Bank(up 0.16 per cent), State Bank of India(up 0.15 per cent) and Axis Bank(up 0.05 per cent) were among the top gainers.

Bandhan Bank(down 1.17 per cent), IDFCBANK(down 0.7 per cent), RBLBANK(down 0.6 per cent), ICICI Bank(down 0.48 per cent) and IndusInd Bank(down 0.01 per cent) were the top losers on the index.

The Nifty Bank index was down 0.02 per cent at 38340.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 38.75 points at 18042.05, while the BSE Sensex was up 172.27 points at 60567.9.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of Vodafone Idea, JP Power, Suzlon Energy, SAIL and Alok Industries were among the most traded shares on the NSE.

Shares of AB Cotspin India Ltd., Vaswani Ind, Elgi Rubber Co, Intnl Conveyors and Dynacons Sys hit their fresh 52-week highs in today’s trade, while Vivo Collaboration Solutions Ltd., Vikas Ecotech (PP), Policy Bazaar, PayTM and Spandana Sphoorty hit fresh 52-week lows in trade.