The BSE Bankex witnessed positive momentum on Wednesday,

with the index trading at 50,122.15, reflecting a gain of 235 points or 0.47% over the previous day's close.

This article focuses on the top contributors to the index's advancement and highlights their performances.

In the 10-stock index, six were trading with advances and four with declines around 12:40 pm.

LTP: Rs 1,676.90 | Contribution: +130.03

HDFC Bank, one of India's largest private sector banks,

Its strong performance showcased investor confidence and contributed substantially to the index's overall gain.

ICICI Bank, one of India's leading private sector banks,

contributed to the upward movement of the Bankex Index.

While several stocks contributed positively to the Bankex Index,