Stock viewMoneycontrol
Bullish momentum remains intact in Bank Nifty, 61,400 key to its rally towards a new high
Positive+1
GreyOak summary
Bank Nifty outperformed Nifty 50, gaining 1,051 points to settle at 60,792. The rally was driven by FII buying, easing RBI rate hike concerns, and declining oil prices. The index is now 13% higher from its October low, with 61,400 identified as a key hurdle for further gains.
What it affects
- NIFTY BANKPositive +1
Bank Nifty gained 1,051 points to closeRolling sentiment Neutral +4
