As of 9:31 AM, Bank Nifty turned positive after recovering from its day’s low of 48,804.00. The index opened at 48,895.35 and climbed to an intraday high of 49,113.15, before trading at 49,108.15, up +20.85 points (+0.04%) from the previous close of 49,087.30.
The banking index saw an early dip but rebounded as investors showed renewed interest in financial stocks. The recovery of over 304 points from the day’s low indicates some buying momentum in the sector.
Market participants will watch further movements closely as the session progresses, with major banking stocks influencing the index’s direction.
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