Equity benchmark indices extended its rally in the morning trade Tuesday and are trading near day’s high. The Bank Nifty and Sensex hit a record high, with the Nifty50 just 40 points away from its record high level.
The Bank Nifty hit a new record high of 32,197.60 level, shares of Yes Bank climbed 2% and are among the top contributors to the index gain.
Shares of Bank of Baroda, Punjab National Bank, RBL Bank, SBI and IndusInd Bank rose 1% each, followed by Axis Bank, Kotak Mahindra Bank, HDFC Bank, ICICI Bank and IDFC First Bank were the other top gainers on the Bank Nifty index. However, Federal Bank is the only loser on the Bank Nifty index.
The Nifty PSU Bank index is also trading higher at 2,583.70 levels. The top performers are Syndicate Bank, which jumped over 2% followed by PNB, Central Bank, SBI , J&K Bank and Canara Bank.
The Bank Nifty hit a new record high of 32,197.60 level, shares of Yes Bank climbed 2% and are among the top contributors to the index gain.
Shares of Bank of Baroda, Punjab National Bank, RBL Bank, SBI and IndusInd Bank rose 1% each, followed by Axis Bank, Kotak Mahindra Bank, HDFC Bank, ICICI Bank and IDFC First Bank were the other top gainers on the Bank Nifty index. However, Federal Bank is the only loser on the Bank Nifty index.
The Nifty PSU Bank index is also trading higher at 2,583.70 levels. The top performers are Syndicate Bank, which jumped over 2% followed by PNB, Central Bank, SBI , J&K Bank and Canara Bank.
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