Page 6 - Nifty Bank Index

Nifty Bank index races past 50,000 mark in post-election euphoria

Public-sector undertaking (PSU) banks were among biggest gainers on Monday, leading to a 8.4 per cent rise in the Nifty PSU Bank index, a index of only government-owned lenders

Nifty Bank hits 50,000 mark for the first time ever; Check key reason

Surpassing the 50,000-mark for the very first time, the index's ascent can also be attributed to robust Q4 GDP figures, and S&P recent upgradation of India's rating to positive

US rate outlook spooks markets; Nifty falls for fifth consecutive session

Longest losing streak since October

Karnataka Bank slips 3% on weak Q4 margins; Rs 5.50 dividend announced

The bank's net interest income (NII), which is the difference between interest earned and interest expended, fell 3 per cent to Rs 834 crore in Q4FY24, from Rs 860 crore in Q4FY23

F&O strategy: HDFC Securities recommends Bear Spread on Bank Nifty

Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 47,500 Put at Rs 546 and simultaneously sell 47,000 put at Rs 360 for May 22 Expiry

Nifty Fin Services, PSU Bank signal resistance on charts: Check key levels

The Nifty Financial Services Index is currently priced at 21,743.70 and is exhibiting notable support and resistance levels in the near term

Nifty Bank: Traders may consider profit booking at 49,800-49,900 levels

Nifty Bank strategy: On the downside, support levels are expected to be around 48,800 and 48,600 for the Nifty Bank index, charts show

Nifty Private Bank nearing correction: Here's what the charts indicate

The Nifty Private Banks Index, currently trading at 24,395.25, is displaying indications of a correction in the near term

Nifty50: Here's why bullish trend on the index remains uncertain

Trading strategy for Nifty50: The recommended trading strategy aligns with selling on upward movements

Nifty50, Bank Nifty overbought on charts; check key levels for this week

Technical indicators such as RSI, Stochastic, and MACD are signaling an overbought condition on near-term charts for the Nifty50, says Ravi Nathani

Street signs: SAT awaits presiding officer, Nifty showing signs of fatigue

The Securities and Appellate Tribunal (SAT) is waiting for the appointment of a new judicial member as presiding officer

The journey of Nifty: From 11000 to 21000 in a span of six years

Following the sharp rise in the markets, most positives have been priced in, say experts

Nifty tops 21K on RBI boost; Indices rise amid hopes of better eco growth

The RBI on Friday riased its GDP forecast for the current fiscal to 7 per cent from 6.5 per cent earlier

Nifty50 Index: Breaching 19,910 to unlock exciting phase of price discovery

Surpassing 19,910 could potentially lead the Nifty towards resistance levels situated at around 20,180 and 20,464; suggest buying Bank Nifty index on dips, says Ravi Nathani

Stock markets trade in red on weak industrial output, global cues

Metal stocks were the top drag, falling about 2%, while auto, public sector bank index were down over 1%, each

Hikal shares drop over 5% after Gujarat pollution control board rap

Shares of Hikal were last trading at Rs 286, down 5.5 per cent over its previous close

NSE withdraws plan to move Nifty Bank derivative contracts to Friday

BSE said it had obtained market feedback that coinciding expiry with Nifty Bank derivatives can potentially impact the growth of their derivative segments

HDFC Bank stock to see inflow of $29 million on NSE rebalancing: Nuvama

HDFC Bank's weight in the Nifty Bank index may rise from the current 26.3 per cent to 27.3 per cent

Nifty, Nifty Bank eye range-bound moves; here's how to trade them

Given that the overall trend is bullish, the recommended trading strategy would be to consider buying NIfty50 near the support levels

Nifty could enter corrective phase; sell rallies with stop loss at 18,500

A stoploss of 18,500 will help limit potential losses in case the index moves against the anticipated correction