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Nifty Bank's journey from 20K to 25K: YES Bank surges 100%, all PSUs in red

In July, the index outperformed frontline indices by rallying 8% as against 5.8% rise in the Nifty

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Pranati Deva New Delhi
Continuing the record breaking spree, Nifty Bank settled above 25,000-mark for the first time ever on Monday. In July itself, the index outperformed frontline indices by rallying over 8% as compared to a 5.8% rise in the Nifty50 index.
 
The index first hit the 20,000 mark on January 23, 2015 on a closing basis. It took the index 623 sessions or 30 months to cross the next 5000 points. In this 5000-point journey, private banks contributed the most to the index while all PSU banks were negative for the period.

While YES Bank, IndusInd Bank, HDFC Bank and