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BSE Bankex Index up 837 points (3.78%); reaches 22,973 at 09:24 - 01 Jun

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At 09:24, the S&P BSE BANKEX index was up 3.8% at 22973 Banking stocks saw some buying action today with S&P BSE BANKEX rising 3.8%.

In comparison, the Sensex was up 2.2% at 33127 while the broader Nifty 50 index was up +2.26% at 9797.25. At 09:24, the S&P BSE BANKEX index was up 3.8% at 22973.

Among the 9 stocks that make up the Index, AXISBANK had the best relative performance, changing 6.2%. Other major gainers included INDUSINDBK(+4.2%), RBLBANK(+4.0%), KOTAKBANK(+3.6%), and SBIN(+3.6%).

Meanwhile FEDERALBNK had the worst relative performance, changing 3.1%. The S&P BSE BANKEX index had hit a 52-week high of 37193.35 on Dec 30, 2019 and a 52-week low of 18430.26 on Mar 24, 2020.

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