Nifty Bank index records a 0.75% growth in the stock market

Nifty Bank index records a 0.75% growth in the stock market

The Nifty Bank index closes positively

The Nifty Bank index closed on a positive note on Friday. Shares of Punjab National Bank, Axis Bank Ltd., Bank of Baroda, ICICI Bank Ltd., and State Bank of India ended the day as top gainers in the pack.

Some banks experience losses

On the other hand, IndusInd Bank Ltd., Kotak Mahindra Bank Ltd., and HDFC Bank Ltd. finished as the top losers of the day.

Closing numbers

The Nifty Bank index closed 0.75% up at 44814.2. The Benchmark NSE Nifty50 index ended up 134.75 points at 20267.9, while the BSE Sensex stood up 492.75 points at 67481.19.

Stock performance

Among the 50 stocks in the Nifty index, 30 ended in the green, while 19 closed in the red.

Most traded shares

Shares of Vodafone Idea, Indian Renewable, YES Bank, TV18 Broadcast, and PNB were among the most traded shares on the NSE.

52-week highs and lows

Shares of Bhartiya Intnl, Shalimar Paints, Datamatics Glob, Precot Meridian, and Emami Realty hit their fresh 52-week highs in today’s trade, while Blue Jet Healthcare, Raj Rayon, SEL Manufact, Winsome Yarns, and Fourth Dimension Sol hit their fresh 52-week lows.

Hot Take: Positive Close for Nifty Bank Index

The Nifty Bank index closed on a positive note, with several banks experiencing gains. However, some banks faced losses. The Nifty Bank index closed at 44814.2, while the NSE Nifty50 index and BSE Sensex also ended on a positive note. Among the Nifty index stocks, there were more gainers than losers. Additionally, certain shares were highly traded, and some hit fresh 52-week highs and lows. Overall, it was a mixed day for the banking sector in the stock market.

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Nifty Bank index records a 0.75% growth in the stock market