Bank Nifty consolidation

Post-Recovery Momentum Fades in Nifty Bank; 58,900–59,000 Zone Remains Crucial

The Nifty Bank index failed to extend Friday’s sharp rebound, encountering fresh selling pressure in Monday’s session. The banking benchmark slipped below the previous day’s low, forming a lower-high structure, signalling weakening near-term momentum. Price action continues to remain indecisive, ...