NSE Bank Index

NIFTY Bank Engulfing Reversal Revives Bulls; 60,500 Put Base Strengthens Support

Sharp Recovery Reclaims MomentumBank Nifty closed at 60,949.10, up 1.27%, staging a strong rebound after opening at 59,947.80. The index remained firm throughout the session and settled near the day’s high, reflecting sustained institutional buying interest.On the daily chart, the index formed a ...

Profit-Taking Drags Nifty Bank; All Eyes on 59,000 as Index Approaches a Decisive Juncture

The Nifty Bank index witnessed mild profit-taking on Tuesday, encountering notable selling pressure at higher levels as its underlying strength remained subdued. Despite the pullback, the index continues to trade within a narrow consolidation band, a time-based pause rather than a meaningful pric...