Quick Wrap: Nifty Bank Index records a surge of 8.26%, NIFTY climbs 4.74%

Image
Capital Market
Last Updated : Feb 01 2021 | 5:50 PM IST
Nifty Bank index ended up 8.26% at 33089.05 today. The index has added 6.00% over last one month. Among the constituents, IndusInd Bank Ltd jumped 14.71%, ICICI Bank Ltd added 12.44% and RBL Bank Ltd rose 10.78%. The Nifty Bank index has increased 11.00% over last one year compared to the 22.46% spike in benchmark Nifty 50 index. In other indices, Nifty Private Bank index increased 8.06% and Nifty PSU Bank index added 7.83% on the day. In broad markets, the Nifty 50 recorded a gain of 4.74% to close at 14281.2 while the SENSEX witnessed a rise of 5.00% to close at 48600.61 today.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2021 | 4:00 PM IST

Next Story