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Bank Nifty rises for 3rd day above 61,300

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Bank Nifty rose for the third consecutive session, trading 0.9% higher at 61,359.25. Punjab National Bank and AU Small Finance Bank led the gains with increases of 3.5% and 2.5%, respectively. Other gainers included IndusInd Bank, State Bank of India, and Yes Bank. Analysts note a breakout above a four-month range, signaling potential upside towards 61,800-62,000 levels.

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