Nifty Private Bank index closed up 1.97% at 15041.7 today. The index is up 3.00% over last one month. Among the constituents, Kotak Mahindra Bank Ltd gained 8.42%, South Indian Bank Ltd added 1.66% and Federal Bank Ltd dropped 1.42%. The Nifty Private Bank index is up 9.00% over last one year compared to the 5.18% surge in benchmark Nifty 50 index. In other indices, Nifty Bank index added 1.51% and Nifty Financial Services index gained 1.41% on the day. In broad markets, the Nifty 50 recorded a gain of 0.87% to close at 10693.7 while the SENSEX added 1.02% to close at 35673.25 today.