nifty bank falls today

Nifty Bank ends over 200 points lower ahead of weekly expiry. Key levels to track

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Nifty Bank ends over 200 points lower ahead of weekly expiry. Key levels to track

Nifty Bank on Tuesday ended 217 points lower but closed above 47,000 level ahead of the US CPI data on Tuesday and Fed meeting outcome on Wednesday as profit booking, which began in the previous trading session, continued. The index encountered resistance at higher levels, facing selling pressure and struggling to breach the 47,500 mark. … Read more

Nifty Bank underperforms, retests 200-DMA. Key levels to watch out for on Thursday

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Nifty Bank underperforms, retests 200-DMA. Key levels to watch out for on Thursday

The Nifty Bank index underperformed benchmark indices on Wednesday but managed to recoup some losses as it bounced back after retesting 200-DMA on the daily charts. The index closed 239 points lower at 43,449. It fell to an intraday low of 43,230 and reported an intraday high of 43,692. The Nifty50 index rose 28 points … Read more