Bank Nifty Hits Fresh All-Time High 🚀 Will it cross 60000 anytime soon?

Bank Nifty continued its strong momentum today, hitting a fresh intraday All Time High of 58,968.65, powered by solid buying across both PSU and private lenders.

Top Gainers in the Pack

  • Canara Bank led the rally, up 2.55% at ₹149.8

  • AU Small Finance Bank jumped 2.54% to ₹913.25

  • IDFC First Bank added 2.3% to ₹82.28

  • Punjab National Bank gained 1.84% to ₹124.46

  • Bank of Baroda climbed 1.83% to ₹292

Strong traction in PSU banks continues to be a key theme for this leg of the breakout.

Do you think it will cross 60000 in coming months?

Some time in the future it may cross. When I don’t know. Invoking Heisenberg uncertainty principle from quantum physics and applying to the stock market

“Simultaneously predicting both the exact future target price and precise future target time of a security is impossible“ :laughing:

2 Likes

haahaha what range do you think banknifty might go upto

Why did I get an email for this topic when I have not shown any interest in this post?

Hi discourse’s new email update is causing this. We are resolving this.

Apologies for the inconvenience.

I was there when Bank Nifty is 19000 happy to see creating all time high

Put and call writers for Nov expiry are still sitting on 58500