The Nifty Bank Index Trades Negative
The Nifty Bank index traded negative around 11:25 AM on Tuesday in an upbeat market. ICICI Bank Ltd. were among the top gainers. Bank of Baroda, Punjab National Bank, IndusInd Bank Ltd., Bandhan Bank Ltd., and Kotak Mahindra Bank Ltd. were the top losers on the index.
Market Performance
The Nifty Bank index was down 0.47% at 45610.8 at the time of writing this report. The benchmark NSE Nifty50 index was up 83.65 points at 21855.35, while the BSE Sensex was up 228.14 points at 71959.56.
Stocks in the Nifty Index
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 17 were in the red. Shares of YES Bank, IOB, Vodafone Idea, NHPC, and JP Power were among the most traded shares on the NSE.
52-Week Highs and Lows
Shares of MRO-TEK Realty, Xchanging Sol, Banaras Beads, Lagnam Spintex, and Udayshivakumar Infra hit their fresh 52-week highs in today’s trade, while Butterfly Gandhi, Stampede Cap(DVR), Sheetal Cool, Kabra Extrusion, and Vinati Organics hit fresh 52-week lows in trade.
Hot Take: Market Updates
The Nifty Bank index traded negative amidst an otherwise positive market. While some stocks like ICICI Bank showed gains, others like Bank of Baroda and Punjab National Bank experienced losses. The Nifty index had a slight decline, but the benchmark NSE Nifty50 index and BSE Sensex saw overall positive performance. It’s important to keep an eye on the stocks in the Nifty index, with some trading in the green and others in the red. Additionally, there were notable highs and lows in today’s trade, indicating varying market trends.
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