Nifty Bank Index Trades Positive, IndusInd Bank and AU Small Finance Bank Among Top Gainers
The Nifty Bank index is currently trading positively in an upbeat market. IndusInd Bank, AU Small Finance Bank, Bandhan Bank, Axis Bank, and ICICI Bank are among the top gainers. On the other hand, HDFC Bank is the top loser on the index. At the time of writing this report, the Nifty Bank index is up 0.56% at 44,727.75. The benchmark NSE Nifty50 index is up 53.8 points at 19,497.8, while the BSE Sensex is up 178.94 points at 65,612.24. Out of the 50 stocks in the Nifty index, 38 are trading in the green, while 12 are in the red.
Main Breakdowns
- Nifty Bank index is trading positively in an upbeat market.
- IndusInd Bank, AU Small Finance Bank, Bandhan Bank, Axis Bank, and ICICI Bank are the top gainers.
- HDFC Bank is the top loser on the Nifty Bank index.
- Benchmark NSE Nifty50 index is also trading positively.
- Out of the 50 stocks in the Nifty index, majority are trading in the green.
Hot Take
The Nifty Bank index’s positive performance reflects the overall optimism in the market. With major banks like IndusInd Bank and AU Small Finance Bank leading the gains, it indicates positive sentiment towards the banking sector. However, it’s important to keep an eye on HDFC Bank, which is currently the top loser on the index. Overall, it seems like a mixed day for the banking sector, but with more stocks trading in the green, there is still potential for further growth.
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