Bank Nifty:
Bank Nifty Outlook
Bank Nifty continued to outperform the broader indices led by PNB which jumped close to 5 percent after better than expected Q2 numbers while Bank of India, IndusInd Bank were the other gainers. State Bank of India was up 1.69 percent while HDFC Bank was up 0.76 percent. Most of the bank stocks, including YES Bank and IndusInd Bank were trading in the green in Friday's trade, keeping the Nifty Bank index up
Bank Nifty Trends |
| R1 | 25695 |
| R2 | 25863 |
| S1 | 25171 |
| S2 | 24948 |
Technical Outlook:
| Bank Nifty Friday Losers |
| PNB | 207.80 | 5.24% |
| SBIN | 325.00 | 3.39% |
| INDUSINDBK | 1674.50 | 2.89% |
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