neutral
2 days agoTop 5 Reasons Bank Nifty’s Record 60,000 Breakout Signals a Stronger Market Ahead
Bank Nifty delivered a major milestone on Monday by opening above 60,000 for the first time and briefly touching 60,114.05 before easing slightly. The index has now generated 17.5% year-to-date gains, sharply outperforming the Nifty 50’s 10.7% rise, supported by last week’s powerful rally driven by PSU banks and strong FPI inflows. Early trade strength came from SBI, Kotak Mahindra Bank and PNB, while broader indices also remained firm.
Explore:Mutual Fund Categories
neutral
2 days agoTop 5 Reasons Bank Nifty’s Record 60,000 Breakout Signals a Stronger Market Ahead
Bank Nifty delivered a major milestone on Monday by opening above 60,000 for the first time and briefly touching 60,114.05 before easing slightly. The index has now generated 17.5% year-to-date gains, sharply outperforming the Nifty 50’s 10.7% rise, supported by last week’s powerful rally driven by PSU banks and strong FPI inflows. Early trade strength came from SBI, Kotak Mahindra Bank and PNB, while broader indices also remained firm.
Explore:Mutual Fund Categories
1 min read
70 words
Bank Nifty’s first-ever move above 60,000 highlights strong PSU bank momentum, FPI inflows and rate-cut expectations that are driving the index’s clear outperformance.
Bank Nifty delivered a major milestone on Monday by opening above 60,000 for the first time and briefly touching 60,114.05 before easing slightly. The index has now generated 17.5% year-to-date gains, sharply outperforming the Nifty 50’s 10.7% rise, supported by last week’s powerful rally driven by PSU banks and strong FPI inflows. Early trade strength came from SBI, Kotak Mahindra Bank and PNB, while broader indices also remained firm.
Bank Nifty delivered a major milestone on Monday by opening above 60,000 for the first time and briefly touching 60,114.05 before easing slightly. The index has now generated 17.5% year-to-date gains, sharply outperforming the Nifty 50’s 10.7% rise, supported by last week’s powerful rally driven by PSU banks and strong FPI inflows. Early trade strength came from SBI, Kotak Mahindra Bank and PNB, while broader indices also remained firm.
Dec 1, 2025 • 10:26