Nifty Bank Snaps Two-Day Losing Streak

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The Nifty Bank index was gaining during Monday’s trade after witnessing a downward rally in the previous two trading sessions. Axis Bank was the top gainer on the index. The Nifty Bank index was trading at 24,142.85 level, up by 68.40 points or 0.28%.

The stock of Axis Bank was trading at Rs 495.55 per share, up by Rs 5.15 or 1.05% as at 1105 hours. The stock attracted a traded volume of 10,87,863 shares and traded value of Rs 5,382.09 lakh.

Among other banking majors, ICICI Bank was up 1.02% at Rs 296.15, Yes Bank was up 0.71% at Rs 1,732.90, Bank of Baroda was up 0.51% at Rs 147.95, Induslnd Bank was up 0.29% at Rs 1,625.70, Kotak Mahindra Bank was up 0.21% at Rs 985.60.

Meanwhile, State Bank of India, HDFC Bank, Punjab National Bank, IDFC Bank, Canara Bank and Federal Bank were trading in the red zone.

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