Nifty Bank formed a small-bodied Bearish candle on the daily scale and an inverted hammer on the weekly frame. Now, till it holds below 41,000 zones, weakness could be seen towards 40,500 and 40,250 zones, whereas resistance is at 41,250 and 41,500 zones.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and