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Market wrapBusiness Standard

Bank Nifty tops 61,000, nears all-time high

Positive+1

GreyOak summary

The Bank Nifty index crossed the 61,000 mark for the first time since late February 2026, reaching an intraday high of 61,241.90. The index has surged 14% from its October low, driven by renewed buying from foreign portfolio investors who net bought 56,771 crore in eight sessions. Analysts view the breakout above 60,200 as a sign of sustained bullish momentum.

What it affects

  • NIFTY BANKPositive +1

    Bank Nifty crossed 61,000 and hit 61,241.90.Rolling sentiment Neutral +4

Source

Read the original at Business Standard

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