Bank Nifty is trading higher by 67 points or 0.3% at 20848 levels in the morning hours in Thursday’s trade. ICICI Bank is the top gainer in the index, trading higher by 0.8% at Rs 267 per share. IndusInd Bank and HDFC Bank are trading near their 52 week highs of Rs 1396 per share and Rs 1454 per share respectively.
Bank Nifty futures of March series is trading at 20874 levels, at a premium of 26 points. Bank Nifty 30-March 21100 CE and Bank Nifty 30-March 20500 PE witnessed maximum additions in their respective Open Interests.
Bank Nifty 30-March 21500 CE and Bank Nifty 30-March 20500 PE witnessed maximum Open Interests in the morning hours of Thursday.
Andhra Bank is the top gainer in the Nifty PSU Bank index, trading higher by 1.4%; while City Union Bank Limited is the top gainer in the Nifty Private Bank index, trading higher by 1.2%.
All the sectors, except the FMCG sector are trading in positive territory in the morning hours of Thursday.