New Delhi, April 10 -- Bank Nifty opened strongly today at 55,182.25, up nearly 1% from yesterday's close of 54,817, and rallied to an intraday high of 55,930.45 rising about 2% amid broad‑based banking sector gains, with most heavyweights posting 1-3% advances.
ICICI Bank led the upside with a 2.76% jump to around 1,323.70, followed by Axis Bank (up 2.61%) and AU Small Finance Bank (up 2.11%), while HDFC Bank and Kotak Mahindra also contributed positively with 1.16% and 1.80% gains respectively.
The index was recently noted around 55,740, showing positive sentiment that highlights the strength in financials despite recent fluctuations. However, analysts suggest that traders will monitor for profit-taking as the index approaches t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.