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The Economic Times

Debaroti Adhikary

HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?

Nifty Bank HDFC Bank HDFC ICICI Bank Kotak Mahindra Bank YES Bank Axis Bank Nomura State Bank of India

The shares of banks, including heavyweights HDFC Bank, State Bank of India (SBI), IndusInd Bank and others, rose up to 2% on Wednesday, pushing the Nifty Bank index around 1% up as financial stocks led gains on Dalal Street.

The Nifty Bank index gained around 561 points to trade at 58,023, as seen at 12.40 pm. State Bank of India (SBI) shares were the top gainers, rising around 2%. Union Bank of India, Punjab National Bank (PNB), Canara Bank, HDFC Bank and Bank of Baroda rose more than 1% each.

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