Page 6 - Nifty Bank Index

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

Charts signal bullish trend for Nifty50, Nifty Bank over short-term

According to the technical analyst, the indices current market price, and identified short-term bullish trend, presents an opportunity for investors to potentially generate positive returns

Charts show bullish trend likely for Nifty50, Nifty Bank in the near-term

According to the technical analyst, traders are highly recommended to accumulate the Nifty and its underlying constituents during any dips, preferably near the support levels

Sensex, Nifty likely to hit all-time high; Nifty Bank may lead the rally

Nifty Bank, in particular, has emerged as the front runner of the reversal rally. The banking index has gained 6.60 per cent and overcame vital hurdles in the recent sessions.

Time to adopt 'Sell on Rise' strategy in Nifty Bank, Financial Services

According to Ravi Nathani, an independent technical analysts, the Nifty Bank Index is expected to face significant resistance around the 42,700 level in the near term.

Traders can adopt buy-on-dips strategy for Nifty, Nifty Bank: Ravi Nathani

The technical analyst recommends to employ 'buy-on-dips' trading strategy for Nifty, given positive outlook for the index in the short term

Bank stocks can slide more; stay away for now: Analysts

Analysts expect the underperformance in bank stocks to continue ahead as the current fears around the banking sector globally are likely to persist for some time

Traders can adopt buy on dips strategy on Nifty, Bank Nifty: Ravi Nathani

The technical analyst expects an upside target of 17,800 - 17,900 on the Nifty, with stop loss of 17,400.

Is Nifty Bank forming a short-term bottom and ready to breakout over 42K?

if the Bank index succeeds to close over 41,000 mark, which is right above its 21-DMA, the short-term upside may poised to rally towards 42,000 level,

Bank Nifty likely to consolidate in the near-term, says Ravi Nathani

According to the technical analyst, Bank Nifty's break out from within the range of 41,725 to 42,725, would indicate a trend change in the charts

Nifty Bank index eyes 45,000-mark; BoB, Axis, YES Bank can rally up to 33%

So far in 2022, the Nifty Bank Index has soared 24 per cent, far outperforming the benchmark indices, the BSE Sensex and Nifty 50, which have gained close to 8 per cent each.

Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%

At 10:35 AM; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10% to 0.90%; while Nifty Auto and Nifty Realty indices slipped up to 0.2%.

Banking funds could outperform if economic recovery continues unimpeded

Global factors causing a slowdown and overexposure to this sector are key risks

Amalgamation-bound HDFC twins soar more than 5% each on MSCI tweak

Both stocks were the biggest gainers in both the Sensex and Nifty indices and accounted for nearly half of the gains made by these indices

Nifty Bank index headed to 44,000 level; Bandhan Bank remains a risky bet

Here's how key constituents of the Nifty Bank index look on the charts.

Street Signs: Bank Nifty interestingly poised, 3.4x upside in IRB, and more

Engineering and capital goods companies are likely to see revenue growth momentum, led by robust order backlog and pick-up in execution