Stock market update: Nifty Bank index rises over 1%; PNB climbs over 3%

NEW DELHI: Nifty Bank index was trading on a positive note at 11:20AM (IST) on Friday.

Shares of Punjab National Bank (up 3.28 per cent), State Bank of India (up 2.72 per cent), Bandhan Bank (up 2.39 per cent), HDFC Bank (up 1.94 per cent) and RBL Bank (up 1.67 per cent) were among the top gainers.

The Nifty Bank index was trading 1.24 per cent up at 22272.5 around 11:20AM.

Benchmark NSE Nifty50 index was up 83.15 points at 11395.35, while the BSE Sensex was up 286.72 points at 38507.11.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 7 were in the red.

Shares of YES Bank, BHEL, Zee Ent., Vodafone Idea and SBI were among the most traded shares on the NSE.

Shares of Indiabulls Ventures (PP), Aarti Drugs, Affle (India) Ltd., Aditya Birla Fashion (PP) and Alkyl Amines hit their fresh 52-week high in today’s trade, while hit fresh 52-week low in trade.