Mumbai, June 9 -- The Nifty Bank index climbed 1.18% to 54,700.40, recovering from a 0.79% decline in the previous session.
Among the gainers, IDFC First Bank jumped 3.68%, followed by Federal Bank (up 2.36%), Bank of Baroda (up 2.01%), Yes Bank (up 1.74%), Punjab National Bank (up 1.68%), IndusInd Bank (up 1.61%), AU Small Finance Bank (up 1.58%) and Canara Bank (up 1.50%). ICICI Bank, Union Bank of India, Kotak Mahindra Bank, Axis Bank and State Bank of India also traded higher. HDFC Bank was the lone laggard among index constituents, slipping 0.29%.
Investor sentiment improved after the RBI detailed two dollar-rupee swap facilities announced by Governor Sanjay Malhotra in the monetary policy statement on 5 June 2026.
Under the first s...