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Nifty bank: Stock market update: Nifty Bank index climbs over 2%; Axis Bank gains 3%

Explore Now NEW DELHI: Nifty Bank stocks were trading on a positive note at 12:56PM (IST) on Monday. Shares of IDFC Bank (up 4.03 per cent) , Axis Bank (up 2.98 per cent) , ICICI Bank (up 2.84 per cent) , IndusInd Bank (up 2.68 per cent) and RBL Bank (up 2.51 per cent) were among the top gainers. The Nifty Bank index was trading 2.23 per cent up at 36913.4 around 12:56PM. Benchmark NSE Nifty50 index was up 145.75 points at 15309.05, while the BSE Sensex was up 562.86 points at 52107.16. Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red. Shares of Vodafone Idea, Motherson Sumi, PNB, IDFC First Bank and YES Bank were among the most traded shares on the NSE.

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IDFC First Bank Ltd gains for fifth session

Read more about IDFC First Bank Ltd gains for fifth session on Business Standard. IDFC First Bank Ltd is quoting at Rs 52.7, up 0.29% on the day as on 12:44 IST on the NSE. The stock is up 28.85% in last one year as compared to a 24.81% jump in NIFTY and a 15.65% jump in the Nifty Bank.

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IDFC First Bank Ltd in demand

Read more about IDFC First Bank Ltd in demand on Business Standard. IDFC First Bank Ltd is quoting at Rs 36.3, up 1.11% on the day as on 12:49 IST on the NSE. The stock is down 16.74% in last one year as compared to a 13.07% gain in NIFTY and a 5.06% gain in the Nifty Bank index.

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