While the weight of private banks moderated for the fourth consecutive month to 18.7%, the weight of PSU banks declined to 3% to its lowest since February 2021.
The overall positive chart pattern of Nifty remains intact. There is a possibility of Nifty continuing its upward journey without showing any major breakdown in
The Nifty Bank index hit a fresh record high on Monday tracking positive global cues but witnessed some selling pressure at higher levels.
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