Stock market update: BSE Bankex index gains 1%; Federal Bank rises over 2%

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Stock market update: BSE Bankex index gains 1%; Federal Bank rises over 2%


NEW DELHI: S&P BSE Bankex stocks were trading on a positive note at 12:56PM (IST) on Wednesday.

Shares of Federal Bank (up 2.4 per cent), Bandhan Bank (up 1.91 per cent), HDFC Bank (up 1.84 per cent), Axis Bank (up 1.77 per cent) and

(up 1.58 per cent) were among the top gainers.

While Kotak Mahindra Bank (down 0.15 per cent) was the sole loser in the index.

The S&P BSE Bankex index was trading 1.07 per cent up at 39917.94 around 12:56PM.

Benchmark NSE Nifty50 index was up 112.65 points at 14820.45, while the BSE Sensex was up 283.81 points at 50035.22.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 24 were in the red.

Shares of Vodafone Idea, Bosch, YES Bank, Central Bank of India and IOB were among the most traded shares on the NSE.

Shares of Hind Copper, IIFL Finance, Redington, Zensar Tech and SCI hit their fresh 52-week high in today’s trade, while Chandrima Mercantiles, Sanwaria Consumer, Interactive Financial Services, Ontic Finserve, Kaiser Corporation, Integra Capital Management, Misquita Engineering, Mega Nirman & Industries, Coral Newsprints and Worldwide Aluminium hit fresh 52-week low in trade.





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