The Bank Nifty index traded higher on Tuesday, driven by gains in key banking stocks, including ICICI Bank, Axis Bank, and ...
The Nifty 50 and Bank Nifty needs stronger momentum and technical indicators for follow-through buying interest. Until then, there could be range-bound trading for a few more sessions.
Traders in index options have witnessed phenomenal returns over the past few sessions, with Sensex and Bank Nifty call options delivering multi-fold gains amid strong momentum in the broader market.
Weekly options data indicated that the Nifty 50 may face its next resistance at 26,000, followed by 26,500, where maximum ...