Nifty Bank index rises; Federal Bank jumps 4%

The Nifty Bank index was trading 0.81 per cent up at 26,672.0 on Thursday with most of its components trading in the green.

Shares of Federal Bank (up 4.16 per cent), IndusInd Bank (up 2 per cent), Kotak Mahindra BankNSE 1.41 % (up 1.52 per cent) and State Bank of IndiaNSE 0.90 % (up 1.02 per cent) were the top performers in the index.

HDFC Bank (up 0.98 per cent), ICICI Bank (up 0.89 per cent) and RBL Bank (up 0.27 per cent) too were trading in the green.

Benchmark NSE Nifty50 index was up 99.25 points at 10828.1 while BSE Sensex was up 363.44 points at 36,080.39 at 11:45 am.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 11 were in the red.

 

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