Thursday was significant for Nifty Bank as it reached an all-time high of 53,180 but closed 59 points lower. Key levels to watch on Friday are 53,200 for resistance and 52,600 for support. Top gainers were IndusInd Bank, Axis Bank, and Kotak Mahindra Bank, while IDFC First Bank, Bandhan Bank, AU Small Finance Bank, and Punjab National Bank faced selling pressure.
The BSE Sensex surpasses the 78,000 mark and NSE Nifty hits a record high, driven by the strong performance of private bank stocks like Axis Bank, ICICI Bank, and HDFC Bank. The surge reflects investor confidence, increased loan growth, and favorable economic conditions.
