Page 9 - Nifty Bank Index

Private banks need to win govt's trust before vying for business

Post 2020's YES Bank crisis, chunk of government business moved from private to public banks for ease of operation

Banking funds shine amid Budget boost, deliver 35% returns in three months

Top performers within domain include Tata Banking & Financial Services (15.6%), SBI Banking and Financial Services Fund (16.3%) and Sundaram Fin Services Opp (15.5%)

Nifty Bank index buoyant as long-standing demands are met in Budget

Increase of 12.1 per cent clocked in two days is the highest gains posted by the index in almost a year

Budget 2021 boosts financials; ICICI, IndusInd, IDBI Bank jump over 10%

Finance Minster made various announcements including increase in FDI limit in the insurance sector, recapitalisation and privatisation of select PSU banks

SBI, HDFC Bank: Trading strategies for bank stocks post RBI's GNPA warning

Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300

Nifty Bank may hit record high in coming days: Nilesh Jain of Anand Rathi

Nifty Bank has outperformed the benchmarks so far this month. The overall broader structure is hinting at a fresh new high in the January series and as long as it sustains above 31,550 levels

Gush of institutional funds into banking stocks likely to taper

Rerating cycle may have neared its end as much of the positives are well-priced in

Equity scheme investors to breathe easy as banking, financial firms rally

M-cap of 11 banks and financial firms on the Nifty50 is up 24 per cent since September, boosting NAVs of large diversified equity schemes

Chart check: After hitting a new high, Sensex is now eyeing 45,000 levels

Analysts expect the US dollar to weaken, oil prices to moderate, and interest rates to remain low under president-elect Joe Biden's administration, providing a tailwind for domestic equities

US Elections 2020: What's in store for Sensex, Nifty and other key indices

With a strong rebound from 50-DMA, both Sensex and Nifty have built a strong base that can see higher upside

HDFC Bank, ICICI Bank: What do charts indicate for private sector lenders?

With a successful run above the 200-day moving average (DMA), the Nifty Bank is set to climb higher levels. However, once cannot rule out intermittent corrections

Bank Nifty likely to outperform Nifty in the coming days, says Nilesh Jain

A fresh put writing at 24,000 strike indicates that put writers are shifting the base higher and we might see further upside move on the back of a short-covering rally

Here's why moving averages are a must for your trading model

Intra-day traders consider lower averages such as 9-DMA, 13-DMA, 20-DMA as this helps traders with swing trades wherein they want to capture profits on the day-to-day basis while mitigating risk.

37,300 level crucial for Sensex. A dip below this can trigger a correction

Will the markets be able to hold on to higher levels going ahead or will they succumb to profit booking? Here are key levels you need to track

SBI, IndusInd Bank: Are bank stocks a good bet in the current market?

Till Nifty Bank defends the support range of 20,800 to 20,600 level, the rebound may see aggressive buying momentum.

Equity mutual funds spur Bank Nifty surge in August, shows data

Domestic fund managers seem to have spurred the sharp upmove

Financials extend fall; Nifty PSU Bank index slips 8% in a week

Last week, global rating agency Moody's downgraded the long-term local and foreign currency deposit ratings of four public sector banks

Manappuram Finance, Federal Bank: 5 financial stks that look weak on charts

A recent gap down below 23,450 has dampened the upside bias in Nifty Bank.

Nifty Bank faces resistance at 200-DMA, focus shifts on mid-cap banks

As of now, the downside is limited in mid-cap banks with volumes staying subdued.

Nifty Bank gains 3.5%, hits 10-week high; Axis Bank soars 8%, ICICI Bank 5%

August Futures and Options (F&O) series, which ended on August 27, saw strong participation from banking sector underlying optimism in the space