shares surged 4.51 per cent to ₹290.95 in afternoon trade on Monday, emerging as the top gainer in the index, which rose 281.75 points to 58,058.10. The public sector lender also led in value traded at ₹885.15 crore and volume at 305.04 lakh shares.
The banking sector showed broad-based gains with 11 stocks advancing against just one declining. jumped 1.99 per cent to ₹139.71, recording the highest trading volume of 499.63 lakh shares worth ₹699.53 crore. added 1.34 per cent to ₹949.60, while gained 0.69 per cent to ₹123.74.
Private sector banks also participated in the rally. topped value traded with ₹1,115.03 crore despite a modest 0.10 per cent gain to ₹1,346.70. rose 0.37 per cent to ₹990.95 with ₹1,111.14 crore in trades. and advanced 0.43 per cent and 0.59 per cent respectively.
The Nifty Bank touched an intraday high of 58,211.60 against its 52-week high of 58,577.50. The index has delivered returns of 4.46 per cent over one month and 13.73 per cent year-to-date. AU Small Finance Bank was the sole laggard, slipping 1.01 per cent to ₹868.95.