
Nifty Bank futures may resume a downtrend, hovering near resistance; target 53,000 with a short strategy at 54,200.
The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broader market sentiment. SBI shares led the decline, while other major banks also saw significant drops. Analysts anticipate continued consolidation in the i…

Nifty Bank faces critical support at 54,500; a breach could lead to a decline towards 54,000.
Banking stocks dragged the Nifty Bank index lower by nearly 440 points amid weakness in heavyweight lenders like HDFC Bank and Axis Bank. Broader market pressure from rising oil prices and FII outflows weighed on sentiment, while analysts flagged key support …

Nifty Bank futures show consolidation with key support and resistance levels, indicating cautious trading ahead.