Bank Nifty levels

Nifty Attempts Base Formation After Recent Correction; Banking Indices Show Stabilisation

Indian equity benchmarks showed signs of stabilisation after the recent corrective phase, with both Nifty 50 and Nifty Bank rebounding from lower levels. While volatility remains elevated, technical indicators suggest that selling pressure is gradually easing, and the indices are attempting to fo...

Nifty Bank Ends November on a Strong Note; Bullish Structure Intact as Index Eyes 60,000 Breakout

Nifty Bank ended the November series on a powerful note, scaling a fresh lifetime high of 59,866 and entering deep into uncharted territory. The index maintained its robust upward momentum with a steady pattern of higher highs and higher lows, reaffirming the strength of the ongoing bullish trend...

Bulls Tighten Grip as Nifty Bank Hits New All-Time High; Derivatives Cues Signal Further Upside

Nifty Bank ended the session at 58,962.70, advancing 0.76%, as the index registered a decisive breakout and even scaled a new all-time high of 59,001.55 during intraday trade. The index opened firm and sustained its strength throughout the session, forming a solid bullish candle that reaffirmed s...

Resilient Yet Restricted: Nifty Bank Awaits Decisive Breakout for Trend Confirmation

The Nifty Bank index continued to show relative resilience even as the broader Nifty 50 extended its weakness. However, the index has now failed to close above the previous day’s high for the fourth consecutive session, reflecting the absence of strong follow-through buying and hinting at a sidew...