Nifty Bank, Nifty Private Bank at record high; Axis Bank among top gainers

Nifty Bank index hit high of 28,488 today, surpasses its previous high of 28,389 recorded on August 28, 2018 in intra-day deal.

Banking shares, mainly private sector lenders, were in focus on Tuesday the with Nifty Bank and Nifty Private Bank indices hitting their respective all-time high on the National Stock Exchange (NSE) on Tuesday.

Nifty Bank index hit high of 28,488 today, surpassing its previous high of 28,389 recorded on August 28, 2018 in intra-day deals. Nifty Private Bank, too, hit a record high of 16,292, surpassed its earlier high of 16,152 touched in August 2018. Both indices rallied over 2% each.

IndusInd Bank (up 5 per cent at Rs 1,585) and ICICI Bank (up 3.4 at Rs 389)